Saradha scam:SC rejects bail plea of Matang Sinh

New Delhi, Nov 6: The Supreme Court on Friday refused to entertain a bail plea filed by the former union minister Matang Sinh an accused in the Saradha scam. Sinh had moved the Supreme Court seeking bail, but was turned down.

Sinh who was arrested by the CBI is a key accused in the Saradha scam. The CBI says that he has information about various aspects which includes the media interests of prime accused Sudipta Sen.

The CBI had in January arrested the former Congress minister and MP, Matang Sinh in connection with the Saradha scam. The arrest came after it had found that he had alleged business dealings with the Saradha group. ‎

CBI sources say that further to a raid conducted by them at Sinh's office incriminating documents were seized and on investigation it came to light that he had some dealings with Saradha mastermind Sudipta Sen. During the raids that were conducted at Sinh's residence last year several documents were seized.

It was found that there was a transaction in 2010 between Sen and Matang Sinh. However Sinh who was also questioned by the Enforcement Directorate had told them he never went ahead with the deal. He had in fact cancelled it and Sen owed him money.

Sen had in his letter spoken in length about the deal. However Sinh had then claimed that Sen was adding names without any reason as he wanted to drag in the big names.

OneIndia News