Saradha scam: Left Front leaders meet PM

"We have requested the Prime Minister for a coordinated investigation.... to reach the bottom of this scam," Mr. Yechury said

December 22, 2014 05:19 pm | Updated November 16, 2021 06:57 pm IST - New Delhi

Left Front Chairman Biman Bose along with CPI (M) member Sitaram Yechury arrive to meet Prime Minister Narendra Modi over Saradha Chit Fund scam in New Delhi on Monday.

Left Front Chairman Biman Bose along with CPI (M) member Sitaram Yechury arrive to meet Prime Minister Narendra Modi over Saradha Chit Fund scam in New Delhi on Monday.

A delegation of Left Front leaders from West Bengal on Monday met Prime Minister Narendra Modi demanding coordinated investigation by various Central probe agencies into the Saradha chit fund scam and other such ponzi schemes.

Speaking to reporters after the five-member delegation met Prime Minister Narendra Modi, senior CPI(M) leader Sitaram Yechury said investigation is happening in a “piecemeal” fashion through different agencies.

He noted that the SEBI, the SFIO and CBI, which is conducting an investigation on the Supreme Court’s direction, were all conducting probes.

“The Supreme Court itself observed that there is a larger conspiracy and this extends beyond West Bengal, Tripura, Odisha, Assam and various parts of the eastern India and in the country.

“So we have requested the Prime Minister that since many of these agencies come under the Central government, there should be a coordinated investigation.... to reach the bottom of this scam,” Mr. Yechury said.

He said the Prime minister had assured them that he would take up the issue seriously.

In response to a question as to whether the delegation had sought a probe against the West Bengal Chief Minister, Yechury claimed that in the memorandum “they have mentioned that those who have been caught have given out many names, including that of the Chief Minister“.

“Whoever it is and on whichever position, if there is suspicion and their name figures, there should be investigation,” Mr. Yechury said.

He also said that crores of people, who have been looted should be compensated by confiscating the properties of the companies involved in scams.

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