Saradha rip-off: Supreme Court adjourns CBI statement hearing to question former Kolkata chief police officer


Rajeev Kumar was a part of the Special Investigation Team (SIT) created by the Bengal authorities

New Delhi:

The Supreme Court in the present day postponed the hearing on CBI’s contempt declaration in opposition to former Kolkata police commissioner Rajeev Kumar and others alleging their non-cooperation in his investigation into the Saradha de verify fund rip-off case. a number of rupees.

The CBI, charged with investigating the Ponzi scheme instances in West Bengal by the upper court docket, filed the contempt declaration on February 4, 2019 in opposition to Rajeev Kumar, former Chief Secretary Malay Kumar De and the state’s DGP Virendra, saying no was acquiring their cooperation within the ongoing investigation.

The company additionally requested the cancellation of the bond granted to Mr. Kumar and his custody questioning, as he was “evasive during questioning.”

A court docket made up of Justices S Abdul Nazeer and Sanjiv Khanna postponed the hearing for 2 weeks, because it has been holding a closing hearing within the case involving the liquidation of six Franklin Templeton mutual fund schemes.

During a short hearing, chief advocate AM Singhvi, who appeared on behalf of one of many bureaucrats, stated the company was “reviving something that is old.”

“Contempt always lives on,” stated Attorney General Tushar Mehta, who appeared for the CBI.

“It comes to life during the elections,” Singhvi stated.

The Saradha group of firms allegedly cheated hundreds of individuals out of round Rs 2,500 crore, promising increased charges of return on their investments.

The rip-off was found in 2013 throughout Kumar’s tenure as Bidhannagar Police Commissioner.


Rajeev Kumar was a part of the Special Investigation Team (SIT) arrange by the West Bengal authorities to examine the rip-off, earlier than the Supreme Court handed the case over to the CBI in 2014 together with different verify fund instances.

In November 2019, the Supreme Court had requested the IPS official’s response to the IWC enchantment difficult the advance bond that was granted to him within the verify fund rip-off by the Calcutta High Court.

The investigating company had filed an enchantment within the excessive court docket in opposition to the October 1, 2019 order of the Calcutta High Court, which had granted Rajeev Kumar aid saying it was not an acceptable case for custody questioning.

The increased court docket had ordered Rajeev Kumar to cooperate with the investigating officers and make himself accessible to them for questioning by the IWC 48 hours prematurely.

On September 21, 2019, the Alipore Session and District Court in Calcutta rejected a statement of bail prior to the arrest of the IPS officer.

The Center and the West Bengal authorities have been additionally caught in an unprecedented conflict after an IWC crew arrived at Rajeev Kumar’s official residence for questioning, however had to withdraw when native police detained their officers.

(Except for the headline, this story has not been edited by NDTV workers and is posted from a syndicated feed.)


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