The Saradha Scam

Sharing a brief on #SaradaPonzi fraud 

#Unquote:

SARADA SCAM in 12 points

1. The Saradha Scam is a major financial scam and Ponzi scheme run by Saradha Group, a consortium of over 200 private companies.

2. The group collected around ₹200 to 300o billion from over 1.7 million depositors before it collapsed in April 2013. 

3. SIT constituted on 26 April 2014 headed by IPS Rajiv Kumar under Mamata Banerjee's TMC.

4. On 9 May 2014 Supreme Court gave charge of the case to CBI on petition by Congress and Left parties. SC asked CBI to investigate the larger conspiracy angle, the money trail and the regulatory bodies involved in the scam.

5. Rahul Gandhi tweeted on 8 May 2014 that "20 lakh people lost their money in Chit fund scam in West Bengal". On 19 April 2016 he tweeted Mamataji is "protecting those looting Bengal".

6. BJP came to power on 26 May 2014 when Modi and his cabinet took oath, but before that the Supreme Court handed Sarada Scam to CBI.

7. TMC representatives like Madan Mitra, Sudip Bandyopadhyay, Tapas Ghosh and Kunal Ghosh were arrested and some sent to jail, but no action or dharna by Mamata Banerjee!

8. What is so special with IPS Rajiv Kumar now that she is on dharna? What does he know about the Sarada Scam that TMC is scared of?

9. Rajiv Kumar was given 3 notices already under Sec 160, and this investigation is being blocked for 3 years by this man who was removed by the Election Commission for partisan behaviour pro-TMC. 

10. CBI has been requesting for evidence for years but they were not given and sensitive evidence like the Red diary and USB pen drives may have been destroyed by Police Commissioner Rajiv Kumar.

11. Non Cooperation with CBI by West Bengal Police by not providing information on SIT Investigating Offices who need  to be questioned and supporting persistent non-appearance of these officers.

12. Under CrPC, CBI under Supreme Court direction can go and arrest anyone without warrant or notice anywhere in India, thus the Gathbandhan of all corrupt and under-trials are simply misleading the people!

#Quote:

Ponzi scheme owners have purchased some pictures purported to be paintings of Mamata Banergee at exorbitant prices ranging from ₹.1.50 crore to ₹.9.00 crore. All these aspects are going to hit her next.

Kolkata CP was helping her to stay afloat. Hence her desperate cry for theatrics. Naturally, all other scamsters who are either on bail or under investigation of CBI are giving her moral support as they visualise what is coming towards them.

Honest citizens of this great Nation should stand solid behind PM Narendra Modi.