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CPM accuses Mamata nephew

Demanding a CBI inquiry into the Saradha group chit fund scam,the CPM on Sunday accused Chief Minister Mamata Banerjee’s nephew of being involved in Ponzi schemes and said she should come clean on the issue.

Demanding a CBI inquiry into the Saradha group chit fund scam,the CPM on Sunday accused Chief Minister Mamata Banerjee’s nephew of being involved in Ponzi schemes and said she should come clean on the issue. “Mamata Banerjee’s nephew Abhishek Banerjee,the leader of Trinamool Congress Yuva,runs a company which is involved in real estate and micro-finance and has made a huge amount of money in the last two to three years. Microfinance is a civilised name of chit funds,” CPM central committee member Gautam Deb told a rally in neighbouring North 24-Parganas district. Former chief minister Buddhadeb Bhattacharjee alleged that groups having vested interests stood in the way of Presidential assent of the Bill that was passed by the Left Front government in 2003 to clamp down chit fund companies. At the meeting in Panihati,Bhattacharjee said,“We feel the present government is trying to delay the process.”

Adhikary warns investors

Trinamool Congress MP from Tamluk Shubhendu Adhikary on Sunday exhorted people to withdraw their money from all other financial institutions where they have invested,saying they would face the same fate if the money remained in those concerns. Adhikary was speaking at an event at Belda in West Midnapore district. Talking to The Indian Express on phone,Adhikary,who is demanding action against party MP Kunal Ghosh for his links with Saradha Group,said he would like agents of such chit fund companies to work in schemes under NREGS to earn money in an honest way.

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