Saturday, Sep 20, 2014

Sen wants to sell his properties to pay off investors: Kunal Ghosh

The chairman of Saradha Group has expressed his wish to dispose of his properties to return money to investors. The chairman of Saradha Group has expressed his wish to dispose of his properties to return money to investors.
Kolkata | Posted: January 11, 2014 4:40 am

Seven months after he was arrested when his company went bust defrauding people of Rs 2,460 crore, the chairman of Saradha Group has expressed his wish to dispose of his properties to return money to investors, said suspended Trinamool Congress MP Kunal Ghosh Friday. 

“He (Sudipta Sen) told me that he wants to sell all his properties and return the money to the investors,” Ghosh, who used to head Saradha Group’s media arm, said.
Ghosh and his former employer met for the first time, in a court lock-up, after being arrested in connection with the Saradha chit fund scam. While Sen was arrested in April last year, Ghosh, a Rajya Sabha MP, was arrested in November.
“We met and spoke after a long time,” Ghosh told journalists outside a city court where both were produced.
Significantly, Ghosh had been demanding to meet Sen for a long time. During several rounds of interrogation, before he was arrested Ghosh had demanded to meet Sen in presence of the investigators, but the joint interrogation could never be arranged.
Sen, too, before his arrest in April, had blamed Ghosh, the former CEO of Saradha group’s media arm, for pressurising him to sell his news channel, Channel 10, at a subsidised rate.

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