Rose Valley chit fund scam: TMC MP Sudip Bandyopadhyay grilled by CBI

Bandhopadhyay, who got summoned twice in December last year by CBI, dodged the meeting saying he was busy with the parliamentary session

Rose Valley chit fund scam: TMC MP Sudip Bandyopadhyay grilled by CBI

Trinamool Congress leader and Lok Sabha MP Sudip Bandhopadhyaya was  grilled  by CBI in connection  with the Rose Valley chit fund scam.

This is the second  time that a TMC leader will be grilled in the matter soon after another party MP Tapas Pal was sent to police custody in the case. Bandhopadhyay, who got summoned twice in December last year by CBI, dodged the meeting saying he was busy with the parliamentary session.


TMC MP said, “I said I will come to face CBI interrogation to know what is against me.”

He also alleged of political avenging against him and the party by the NDA-ruled Central government.

Rose Valley scam, which was also being probed by the enforcement directorate, is seven times bigger than the Rs 2,460-crore Saradha scam.

The West Bengal-based body allegedly extorted millions from investors, most of them from the low-income group, spread over at least 10 states by promising huge returns. The little-known group's companies operated unlicensed financial schemes that escaped regulators' check.

The group mostly operated in real estate, films, media, jewellery, hotels and resorts.

Rose Valley owner Gautam Kundu and several functionaries are behind bars for the past one year.