The Central Bureau of Investigation has inched closer towards nailing former Congress MP, Matang Sinh in the Saradha scam. Matang Sinh and his four companies have been named in a 31 page supplementary chargesheet and this is just a tip of the ice berg.
The CBI had to file a supplementary chargesheet in the case against Sinh since failing to do so would have entitled him for bail. The law states that non-filing of a chargesheet within 90 days would entitle the accused to get bail.
Matang Sinh's Saradha link
The CBI states clearly about the unholy nexus between Sinh and Saradha chief, Sudipta Sen. It mentions that Sinh had promoted Sen as a successful businessman.
Further the CBI also states that Sen had the blessings of Sinh as a result of which the former was able to expand his business in Assam. Sinh has been charged under IPC Sections 120B (Criminal Conspiracy), 420 (cheating) and 409 (Criminal Breach of Trust).
The chargesheet also names the four companies owned by Sinh which are, NE Multimedia, NE Television, Positive Radio, and Impulse Production. Further the CBI states that he had conspired with Sen in misappropriating huge sums of money.
Sen blew the lid on Sinh
While the CBI was aware of an alleged link that Sinh had to the Saradha scam it was Sen who actually blew the lid of the former MP. In a letter to the CBI, Sen had alleged that Sinh had taken Rs 28 crore from him through his various accounts.
Sen had also alleged that Sinh's wife, Manoranjana had taken Rs 25 crore towards an investment into the Frontier Television owned by her. The television today is defunct.
The CBI says that Sinh had knowingly conspired with Sen for financial gains. Further it is alleged that the Positive Group owned by Sinh was meant to be handed over to Sen for an amount of Rs 81 crore.
An advance amount of Rs 28.4 crore was paid in the year 2012 to take over 50 per cent of the shares in the companies owned by Sinh.
Sen in his letter said that the deals never came through. In fact they were cancelled. However Sinh despite being told never returned the amount that was paid as an advance.