STOCK MARKET BSE NSE

TMC Leader Gets Bail in Saradha Scam

Published: 17th February 2015 05:59 AM  |   Last Updated: 17th February 2015 05:59 AM   |  A+A-

KOLKATA: Former DGP of West Bengal and Trinamool Congress leader Rajat Majumdar was granted bail on Monday by the Calcutta High Court after his arrest by the CBI in September over his alleged involvement in the multi-crore Saradha scam.

Majumdar was an adviser to Saradha group and used to receive a monthly retainer of `7 lakh, and the CBI after raiding his home had seized several incriminating documents.He had challenged the CBI in the court, saying it could never force him to name West Bengal chief minister Mamata Banerjee or TMC Rajya Sabha MP Mukul Roy as beneficiaries of the scam.

Majumdar’s counsel argued in the High Court that since the CBI had submitted the chargesheet, there was no reason why he should be kept in judicial custody anymore.

The HC, while granting the conditional bail, directed Majumdar to surrender his passport and not leave the city without prior permission. He would have to report to the CBI  investigating officer once a week.  Majumdar  is the second TMC leader to get bail after former TMC Rajya Sabha MP Srinjoy Bose. 

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp