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Saradha scam: CBI arrests alleged absconder and Angel Agritech MD Nazubuulla

Officials said that Nazubuulla was produced in a special CBI court, Baruipur which remanded him in 10 days of CBI custody.

Published: 23rd November 2020 05:55 PM  |   Last Updated: 23rd November 2020 05:55 PM   |  A+A-

CBI Headquarters

CBI Headquarters (File Photo | PTI)

By PTI

NEW DELHI: The CBI has arrested the Managing Director of Angel Agritech group, Nazubuulla, who is an alleged absconder in one of the ponzi scam cases of West Bengal, commonly known as Saradha scam, officials said Monday.

They said that Nazubuulla was produced in a special CBI court, Baruipur which remanded him in 10 days of CBI custody. The CBI case pertains to swindling of Rs 454.54 crore of public money collected from gullible investors."It was further alleged that the accused fled after cheating the said investors and misappropriated the invested money," CBI Spokesperson RK Gaur said.



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