Rose Valley chit scam: TMC MP Sudip Bandyopadhyay gets bail

The Orissa High Court on Friday granted conditional bail to Trinamool Congress MP Sudip Bandyopadhyay, arrested for his alleged involvement in the Rose Valley Group chit fund scam.

PTI May 19, 2017 21:38:41 IST
Rose Valley chit scam: TMC MP Sudip Bandyopadhyay gets bail

The Orissa High Court on Friday granted conditional bail to Trinamool Congress MP Sudip Bandyopadhyay, arrested for his alleged involvement in the Rose Valley Group chit fund scam.

The bench of Justice JP Das had reserved the order on his bail plea after hearing arguments of both the prosecution and defence on 8 May.

Rose Valley chit scam TMC MP Sudip Bandyopadhyay gets bail

Representational image. AFP

Bandyopadhyay had approached the High Court in February seeking regular bail on health grounds after his bail applications were rejected by the designated CBI court in Bhubaneswar and the Khurda district sessions court.

The CBI had arrested the Trinamool Congress leader in Lok Sabha from Kolkata on 3 January, while probing the scam on the Supreme Court's directions.

The CBI has arrested another TMC MP, Tapas Pal, for his alleged involvement in the scam. The agency had earlier accused Rose Valley chairman Gautam Kundu and three others of defrauding investors from across the country of more than Rs 17,000 crore.

 

Updated Date:

also read

GhoseSpot | Khela Hobe 2.0: Mamata Banerjee faces reinvigorated BJP in Bengal as she eyes top job in Delhi
Politics

GhoseSpot | Khela Hobe 2.0: Mamata Banerjee faces reinvigorated BJP in Bengal as she eyes top job in Delhi

This time around Mamata Banerjee has to play on a larger arena — balancing between protecting her home turf while moving the chess pieces on the national board

West Bengal: YouTuber arrested in Nadia for meme against Mamata Banerjee, Trinamool Congress
India

West Bengal: YouTuber arrested in Nadia for meme against Mamata Banerjee, Trinamool Congress

The West Bengal Police has arrested a YouTuber from Taherpur in Nadia district over allegations of making jokes on YouTube at the expense of Trinamool Congress (TMC) supremo Mamata Banerjee

Now BJP, Trinamool fight over Durga Puja's UNESCO intangible cultural heritage tag: What is it?
Politics

Now BJP, Trinamool fight over Durga Puja's UNESCO intangible cultural heritage tag: What is it?

Last year, UNESCO included Durga Puja on the list of 'Intangible Cultural Heritage of Humanity'. Now, politicians in West Bengal are fighting over who should be given credit for it