Breaking: CBI arrests TMC’s Sudip Bandhopadhyay in Rose Valley scam

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Trinamool Congress (TMC) MP Sudip Bandhopadhyay was on Tuesday arrested by the Central Bureau Investigation (CBI) in connection with Rose Valley chit-fund scam.

The TMC MP was arrested hours after he appeared before the CBI for interrogation in connection with this scam.

“I have come to clarify my position on whatever questions they have,” Bandyopadhyay told ANI prior to entering the CBI office.

The CBI had earlier on December 30 arrested TMC MP Tapas Paul for his alleged involvement in this scam.

The actor-politician was a director in two companies of the Rose Valley, a leisure and entertainment group, that has been accused of illegally accumulating Rs.17,000 crores in small savings through a Ponzi scheme. The group has been under investigation for almost two years.

The Rose Valley scam is considered as the biggest ponzi fraud in India in which thousands of small investors were allegedly cheated.

 

Source : ANI

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