Saradha scam: CBI to challenge Madan Mitra’s bail in Calcutta High Court

Alipore Sessions Court granted bail to Madan Mitra on Friday and he was released from jail early Saturday.

By: Express News Service | Kolkata | Published:September 11, 2016 2:22 am
madan mitra, madan mitra bail, saradha scam madan mitra, cbi probe madan mitra, saradha scam cbi probe, madan mitra mail, india news Former Transport Minister and TMC Leader Madan Mitra a showing victory sign after coming out on bail in connection to the Saradha chit fund scam from Alipore Correctional home in Kolkata. (Source: PTI Photo)

The Central Bureau of Investigation (CBI) Saturday said it will challenge the interim bail granted to former minister Madan Mitra, an accused in the multi-crore Saradha chit fund scam, in the Calcutta High Court next week. Alipore Sessions Court granted bail to Mitra on Friday and he was released from jail early Saturday.

Senior counsel for CBI, K Raghav Charyulu, confirmed that the agency will approach the HC next week challenging the bail to the Trinamool Congress leader. During arguments in the Sessions Court, Charyulu had argued that Mitra needed to be incarcerated to “prove to the society that they do not need to fear any longer as the cobra is behind bars”. He had submitted that it was “not possible at this point to provide evidence but there are material findings against” Mitra, while adding that “there has been suppression of facts”.

The argument posed by the CBI before the court on Thursday was that Mitra “did not resign from his post of ministership, (but) lost the post due to the curse of the 99 souls who had committed suicide due to the scam” and that even though “he was not a minister any longer, his power has not diminished”. As per the sources in CBI, the key point of discussion in the legal battle surrounding Mitra’s bail plea, is whether or not the TMC strongman retains enough influence to impact the agency’s investigation.

The CBI believes that Mitra’s loss in the 2016 Assembly polls, as a TMC candidate, pales in comparison to the years that he has worked closely with the party. Meanwhile, Mitra refused to speak about the issue. “I will not comment anything more as I am unwell since the past 20 months and my doctors have prescribed me not to engage into any kind of political debate,” he said.