NEW DELHI: The Enforcement Directorate (ED), probing money laundering in Saradha chit fund scam, on Tuesday grilled former Congress minister Matang Singh and recorded his statement on business links and certain transactions with Saradha Group chief Sudipta Sen.
Sen in an 18-page letter to the CBI had alleged that his company had paid around `28 crore to acquire Matang’s companies.
“The business ties started in 2011, but Matang claimed that the deal was called off later. He also said he was ready to pay the balance amount to settle the business dispute with the Saradha Group,” sources said.
Matang, a former minister in the P V Narsimha Rao Cabinet, claimed that he had earlier offered money to settle the dispute, but it couldn’t materialise as Sen was behind the bar in the chit fund scam case.
The ED had launched money laundering probe in the scam last year, alleging that over `700 crore was paid to certain politicians and individuals associated with the company.