Saradha scam: Sudipta Sen's foreign investments still a mystery

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Kolkata, Sept 5: The chargesheet by the Enforcement Directorate in the Saradha scam may not have the foreign properties of Sudipta Sen.

The ED, which has managed to track Rs 1600 crore worth of property owned allegedly by Sen, the mastermind of the scam is, however, finding it hard to track his foreign properties.

Saradha chit fund scam

The ED had on the basis of investigations found that Sen had foreign properties or investments to the tune of Rs 750 crore. However tracking these links has not yet been possible for the Enforcement Directorate and hence this angle may be given the miss in the chargesheet.

Foreign properties of Sen still a mystery:

The Enforcement Directorate will file its chargsheet in connection with the Saradha scam soon. While it has managed to ascertain all links relating to Sen's investments in India, it is yet to trace the foreign links. Investigators had claimed when the scam broke out that Sen had invested abroad with the help of various persons including those from Bangladesh.

The ED, however, has found that Sen had allegedly moved money around between fictitious accounts. The details that the ED has collected found that Sen had transactions worth Rs 2,459 crore. While 1,600 crore worth of transactions have been tracked to Indian accounts, the remaining suspected to be foreign transactions are yet to be traced.

CBI chargesheet:

The Central Bureau of Investigation, which is also probing the case will submit its chargesheet soon. The Trinamool Congress Party is expected to get a clean chit in the case after it had been found that none of its accounts had transactions from Saradha.

The CBI's chargesheet will focus largely on the criminal conspiracy and will include the name of TMC leader Madan Mitra too. The CBI had recently questioned Mitra in connection with the scam after it had suspected that the Saradha group had funded his son's wedding.

OneIndia News

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