CBI arrests Trinamool MP Tapas Paul in Rose Valley chit fund case

Several TMC members are facing charges in a number of alleged chit fund cases, including that of Saradha.

By: Express Web Desk | New Delhi | Updated: December 30, 2016 6:59 pm
Tapas-Paul Trinamool Congress MP Tapas Paul

The CBI on Friday arrested Trinamool Congress MP Tapas Paul in connection with the alleged Rose Valley chit fund scam. The MP had reached the Central Bureau of Investigation office in North 24 Parganas in the morning.

Earlier this week, the investigative agency had summoned Paul in connection with the case. Another TMC MP Sudip Bandyopadhyay, too, was asked to present himself before the CBI team on December 30.


WATCH VIDEO | Trinamool Congress MP Tapas Paul Arrested By CBI: FInd Out More

The CBI has already filed a chargesheet against Rose Valley chairman Gautam Kundu and three other accused. The firm has been charged with defrauding depositors from across the country of Rs 17,000 crore, out of which Rs 450 crore was received by the ponzi firm from Odisha alone.

Several TMC members are facing charges in a number of alleged chit fund cases, including that of Saradha. Actor-turned Trinamool Congress MP Tapas Paul was the first Trinamool MP to be chargesheeted in a case other than the multi-crore Saradha scam and was also the first one to be chargesheeted by CID.

On March, 2015, Paul and his wife were alleged to be in the board of directors of two Rose Valley firms. In connection with the Rose Valley case, the CBI conducted raids at two of the residences of Paul in south Kolkata and seized documents.

For all the latest India News, download Indian Express App

  1. I
    IML sood
    Dec 30, 2016 at 2:56 pm
    Now cat is out of the bag. This was the reason of Mumtaz crying and abusing. Slowly TMC real secret of success on the basis of these frauds is coming out.May be her turn is fast approaching making her restless and abusive.
    1. M
      Dec 30, 2016 at 7:38 pm
      Being the face of youth and aspirations (but failing to retain it), explains why Tapas Pal had to join TMC (obviously to save the "fortune")! lt;br/gt;lt;br/gt;Corruption must have reached every nook and corner of Bengali life!! Very sad!
      1. Anand Sudan
        Dec 30, 2016 at 11:56 am
        Now, people understand why Mamta has waged a war against demonetization and tried people to protest against PM Modi. She also demanded the resignation of PM.
        1. Ashish Biswas
          Dec 30, 2016 at 1:58 pm
          Good. This chap should have behind bars long time back.
          1. D
            Dec 30, 2016 at 7:26 pm
            Shame on dhimmi Bengali Hindus who are voting for these corrupt TMC leaders. They deserve politicians like BibiMamtaBanno.
            1. Load More Comments