The Telegraph
Saturday , May 24 , 2014
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CBI Saradha step

Calcutta, May 23: The CBI will formally begin its probe into the default scam by filing a complaint in connection with the case of an investor being defrauded by the Saradha Group.

The complaint will be lodged in May-end with the CBI’s special crime branch in Calcutta. The chargesheet will be drawn up on the basis of the complaint.

Investor Mallika Chatterjee had filed a police complaint last year, alleging that she had been duped of Rs 6.14 lakh by three Saradha companies.

Today, the CBI’s special investigation team (SIT) probing the Saradha scam collected all documents relating to case No. 102 (lodged by Mallika) from the Bidhannagar police commissionerate.

“The nine-member SIT has started collecting documents from the state government. After going through them, the CBI will register its case by this month-end,” a senior officer said from Delhi. “To begin with, there will be one case. More may follow.”

In the past few days, senior SIT officers met chief secretary Sanjay Mitra, home secretary Basudeb Banerjee and director-general of police G.M.P. Reddy to seek their help in expediting the process of collecting documents relating to the 350-odd cases registered against the Saradha Group across Bengal.

The Enforcement Directorate today raided some Rose Valley offices in Calcutta.

“We are in the process of collecting documents relating to Rose Valley Hotels and Entertainment Limited,” said an ED official.

“We are investigating whether the company had collected public money in the name of Rose Valley Holiday Membership Plan without necessary Sebi approval,” the official added.

Rose Valley officials were not available for comment.