MP Tapas Paul is arrested by CBI for Rose Valley chit fund Scam
Trinamool Congress MP Tapas Paul is arrested by CBI for his alleged involvement in the Rose Valley chit fund. Earlier CBI Summoned Sudip Bandyopadhyay, Tapas Paul and another person for interrogation. Being told that the name of these two MPs came in Rose Valley chit fund probe.
TMC was aggressive on central government upon the name of the two members came for being alleged involvement in the scam. On the issue, West Bengal Chief Minister Mamata Banerjee accused the central government actions as politics of revenge. She said the central government is troubling its MPs for opposing the demonisation.
ED seized 1,250 crore worth assets before Rose Valley chit fund scam while investigating allegations of money Laundering in which includes Eight hotels and a Rolls Royce car.
The firm was charged with defrauding depositors of Rs. 17,000 crore from across the country of which Rs. 450 crores was received by the ponzi company from Odisha alone. In its charge sheet, CBI had claimed that it was still probing the role of “influential people” in the scam.