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Supreme Court withdraws order protecting Kolkata police commissioner Rajeev Kumar from arrest, tells CBI to 'act in accordance with law'
Fp Staff •The Supreme Court on Friday withdrew its interim order protecting former Kolkata police commissioner Rajeev Kumar from arrest, allowing the Central Bureau of Investigation (CBI) to "act in accordance with the law". Kumar's protection from arrest will be withdrawn after seven days, after which the CBI will be at freedom to take him into custody.
Daily Bulletin: Phase 4 of voting over, Narendra Modi to campaign in Bihar, UP; TMC accuses PM of 'horse-trading' after Bengal speech; today's top stories
Fp Staff •Today's top stories: SC to hear plea by Congress MP Sushmita Dev alleging poll code violation by Narendra Modi, Amit Shah; Rahul Gandhi's contempt case will also be in court today; TMC has accused Narendra Modi of horse trading; and more.
Saradha scam: SC says charges against Rajeev Kumar 'very serious', gives ex-Kolkata top cop ten days to respond to CBI report
Fp Staff •Rajeev Kumar, who took over as the state CID chief after completing his tenure as the city police commissioner, would hold additional charge of the two departments until further orders, a home department official said Saturday.
West Bengal Assembly polls: Leadership crisis across the state, within all parties
Ians •Never before in the political history of West Bengal has there been such an acute leadership crisis cutting across political spectrums as is now being witnessed in the midst of the assembly elections.
Justice Thakur will be next Chief Justice of India, to take oath on 3 Dec
Fp Archives •Justice Tirath Singh Thakur, who had led the Supreme Court bench which delivered a verdict on reforming the Indian Cricket Board, was on Wednesday appointed the Chief Justice of India.
West Bengal: Saradha scam worth Rs 2,460 cr, reveals probe
Fp Archives •The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' money still remaining unpaid, a latest investigation report has revealed.
Kolkata HC adjourns hearing of chitfund PILs
Fp Archives •The Calcutta High Court today adjourned till Tuesday hearing of petitions seeking CBI probe into the multi-crore chitfund scam and directed the counsels of Saradha Group and Rajya Sabha MP Kunal Ghosh to file affidavits by Monday.
Dear KC Chakrabarty, here's the real reason why people invest in Ponzi shemes
Vivek •K C Chakrabarty, the deputy governor, RBI is the latest individual who has jumped onto the more banks equals fewer Ponzi schemes, bandwagon and said that failure of formal banking system leads to people investing in ponzi schemes.
Sudipta cooperates with police, unfazed by protests
Fp Archives •Saradha group chairman Sudipta Sen, accused of duping thousands of investors, seems indifferent to the waves of protests across the state, though he was cooperating with the police.
Here's why Saradha was not a chit fund but a Ponzi scheme
Vivek •A little bit of digging tells us that Saradha was nowhere near a chit fund. It was nothing but a Ponzi scheme, where money brought in by new investors was used to pay off the old investors.