Bhubaneswar: Central Bureau of Investigation (CBI) sleuths Sunday brought the chairman of Rose Valley Group, Gautam Kundu, on transit remand from Kolkata in connection with the ongoing chit fund scam probe.
The enforcement directorate (ED) had arrested Kundu in 2015 in connection with its probe into the ponzi scam.
The central agency will produce Kundu in the CBI special CGM court January 25 and will seek permission to take him on seven to ten days remand for further interrogation, according to sources.
Kundu has reportedly been kept at the SIT unit of the CBI office here, they said. The CBI had filed a preliminary chargesheet January 7 against Kundu and three top officials of Rose Valley Group, its managing director (MD) Sibamaya Datta, and two directors Ashok Kumar Saha and Ram Lal Goswami, for cheating several investors on the pretext of providing them higher returns on their investment.
The three companies – Rose Valley Real Estate Construction Private Limited, Rose Valley Hotel and Entertainment Private Limited, and Rose Valley Real Estate and Land Bank India limited, are facing charges of duping investors of Rs 17,000 crore, according to CBI officials.
The CBI had registered a case in this regard under Section 120 (B) (criminal conspiracy), 420 (cheating), 409 (criminal breach of trust) of IPC and Section 4 and 6 of Prize Chits & Money Circulation Schemes (Banning) Act against the three companies. The chargesheet filed by CBI investigation officer Brateen Ghosal and senior public prosecutor for CBI, KC Mishra, runs over 86 pages. As many as 131 witnesses have been cited in the chargesheet, in which 2,052 documents have been attached as evidence of the three companies’ alleged criminal wrongdoing.
The preliminary chargesheet will allow the premier investigating agency to keep the case open and continue its investigation, Mishra had earlier said. PNN
