Chit fund case: Charge-sheet filed by CBI against firm, others
Kolkata: The Centrl Bureau of Investigation (CBI) has filed a charge-sheet on Wednesday before the Baruipur Court in South 24 Parganas naming senior officials of a chit fund company, Angel Agritech Limited.
The allegation against the accused is of a scam worth Rs 335 crore that they had been collected from investors through different chit fund schemes after assuring a high return.
S K Hasibul Haque, chairman, S K Najibulla, managing director of the group and names of two companies Angel Agritech and Angel Rural Development Ltd have been mentioned in the charge-sheet.
They were booked under Sections 120B, 409 of the Indian Penal Code (IPC) and Section 4, 6 of the Prize Chits and Money Circulation Scheme (Banning) Act 1978 in an on-going investigation of a chit fund case.
On August 4, CBI had arrested Hasibul from Mumbai in connection with the chit fund scam.
He was arrested on charges of cheating several people by taking money through different chit fund schemes after assuring high rate of returns.
Angel Group of Companies is one of the 19 chit fund companies apart from Saradha Group against whom the CBI had initiated a probe. The group had collected crores of money from different parts of the state. The cases were started against them in 2014.