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Saradha Case : ED Probe Not to Clash with CBI

Published: 10th May 2014 02:10 PM  |   Last Updated: 10th May 2014 02:37 PM   |  A+A-

By PTI

A CBI probe into the multi-crore rupees Sardha ponzi scheme scam will not overlap with the on-going investigation by Enforcement Directorate (ED), a senior ED official said today.

"The ED and CBI probes will go parallel and there is no possibility of an overlap", ED regional special director Yogesh Gupta told PTI.

For the ED it does not matter whether CBI or any other agency like SIT (Special Investigation Team formed by the West Bengal governme-*nt) conducts a probe.

"The ED will primarily track the flow of funds and the persons responsible for money laundering . The scope of ED was much wider," he said.

CBI like the SIT on the other hand will investigate persons involved in the scam, Gupta said.

Supreme Court yesterday ordered a CBI probe into the Saradha scam which had hit depositors not only in West Bengal, but also in Odisha and Assam.

 

Also Read:

Sharada Scam: Setback for TMC as SC Orders Probe Before Polls 



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