Supreme Courts refuses to monitor CBI probe into Saradha Scam

The Supreme Court reportedly reposed its faith in the country’s premier investigative agency claiming that they are not inclined to set up a monitoring committee to monitor the chit fund scam probe.

The apex court of the country has refused to constitute a monitoring team to review the CBI probe into the Saradha Chit-fund scam. A two-judge bench, comprising of Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna rejected the petition filed by the disgruntled investors in the Saradha Chit-fund.

Hearing on the petition filed by some private investors who had lost their savings in the chit-fund scam, the Supreme Court reposed its faith in the country’s premier investigative agency claiming that they are not inclined to set up a monitoring committee to monitor the chit fund scam probe.

The Mamata Banerjee-led TMC which was allegedly trying to impede the CBI’s investigation into the Saradha Chit-fund scam recently managed to stir a face-off between the Kolkata police and the CBI officials in the state of West Bengal can be attributed to. Mamata Banerjee had then sat on a dharna to allegedly protect Kolkata Commissioner who is accused of destroying key evidence against the perpetrators of the Saradha Chit-fund scam.

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Several opposition parties came in the support of Mamata Banerjee-led TMC government. However, when the CBI approached the Supreme Court to resolve the imbroglio, the court issued a contempt notice to the Kolkata commissioner Rajeev Kumar ordering him to appear before the CBI in Shillong and co-operate with them to bring the perpetrators to book, Mamata Banerjee called off her dharna citing ‘Moral Victory’.


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