Saradha scam: Srinjoy Bose quits TMC, RS seat

"Srinjoy Bose has resigned from the party and also as a member of Rajya Sabha," Derek O'Brien said.

By: Press Trust of India Written by Madhuparna Das | Kolkata | Updated: February 6, 2015 2:16 am
Srinjoy Bose, trinamool congress, Trinamool Congress Rajya Sabha MP Srinjoy Bose released from state run hospital after he got bail in coonection with multi-crore Saradha chit fund scam. (Source: PTI photo)

Trinamool Congress Rajya Sabha MP Srinjoy Bose who has been booked in the Saradha scam, resigned from the party on Thursday. His decision came immediately after he was released on bail.

The resignation was part of a triple blow for TMC on Thursday as it was followed by Tollywood actress and Mamata Banerjee-appointee in the West Bengal women commission Locket Chatterjee joining the BJP, and the Supreme Court dismissing the TMC government’s special leave petition urging for the apex court to monitor the CBI investigation in the Saradha scam.  Srinjoy Bose, in a statement, said he was leaving the party because during his days in custody he came to realise that politics is not his “cup of tea.” He was again admitted to a hospital after he was released.

Bose also tendered his resignation to the Speaker of Rajya Sabha Thursday. He issued a statement saying: “… I had finally realised that politics is not my cup of tea. There has also been a lot of pressure from my family, especially my mother and wife which finally made me take this decision.”

Similarly, quitting the party, Locket Chatterjee said: “I was feeling smothered inside the Trinamool Congress party. I wanted some fresh air and that I got today… If there is corruption, why should I take the burden of the corruption? I am not part of the sin.”

Meanwhile, in a setback for TMC, Supreme Court declined to monitor the CBI probe into the Saradha scam, saying it has not made any accusation that the agency was “negligent” in its probe. The court, which also rejected state government and TMC’s allegation against the CBI of selectively leaking information to media about the ongoing probe, however, provided some much-needed respite to the government by refusing to initiate contempt proceedings against it for allegedly obstructing CBI in its probe.

TMC leaders, meanwhile, tried to downplay Bose’s resignation saying he and his father Swapan Sadhan Bose – also a former TMC RS Member and a business tycoon – may join the BJP soon. Party chief whip in Rajya Sabha Derek O’Brien said Bose resigned “under tremendous pressure” and there might have been “coordination in granting bail” to Bose that was immediately followed by his resignation.

He further added that the vacant seat in RS would be filled by the party soon.

Significantly, senior CBI officials could not explain the delay in submitting a “technical chargesheet” to the court which might have facilitated Bose’s release. CBI lawyers are also not likely to move a higher court opposing the bail petition too. According to sources, ED had documentary evidence showing payments to Bose by the Saradha Group, documents of personal expenditure and alleged fictitious expenditure for a non existing 386 employees who were not employed but payments used to be credited to them.

Bose was arrested by the CBI on November 22 for alleged financial transactions between his company and the Saradha Group. Bose was booked on charges of “criminal conspiracy, misappropriation of funds and deriving undue advantage” from Saradha group.

The TMC secretary general Partha Chatterjee said, “Srinjoy wanted to quit for some time now. He was never into active politics, neither did he work for the party. He was selected as an MP since he was the head of a newspaper.”

Despite several attempts, Srinjoy Bose and his father Swapan Sadhan Bose could not be reached.

With PTI inputs

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