Supreme Court refuses to monitor CBI probe into Saradha chit fund scam

The Supreme Court has refused to entertain a plea that sought a court monitored probe into the Saradha chit fund scam. The petition was filed by the investors seeking a court monitored probe. The court however declined to entertain the petition.


A two-judge bench comprising Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna did not allow the application filed by some investors that despite the apex court’s 2013 order directing the CBI to probe the chit fund scam, the investigation has not attained finality.

“We are not inclined to set up a monitoring committee to monitor the chit fund scam probe,” the bench said.

Meanwhile the CBI questioned Kolkata Police commissioner, Rajeev Kumar for a third day in connection with the chit fund case. The agency is also questioning, former TMC MP, Kunal Ghosh in connection with the case. Kumar had headed the special investigating team that probed into the chit fund scam. The CBI after taking over the probe accused him of destroying as well as concealing information in connection with the case.