The Calcutta High Court on Wednesday refused to grant the prayer for a CBI investigation into the multi-crore Saradha chitfund scam at the present stage.
A division bench comprising Justice A K Banerjee and Justice M K Chaudhuri, passing its order on PILs seeking CBI probe into the scam, refused the prayer at this stage.
The bench, however, kept the matter pending before it, while passing some directions to the state on the modus operandi of investigation, which is at present being done by the West Bengal police.
Counsel Bikash Bhattacharjee, appearing for one of the petitioners, had prayed for a CBI probe submitting that magnitude and ramification of the scam called for investigation to find out those who were behind this apart from the Saradha Group chief Sudipta Sen, who is in custody alongwith some conduits.
Stating that the financial scam was spread over several states and also abroad, he said that an investigation by CBI or any other central investigating agency was called for. The division bench had appointed an amicus curae in the PILs, who had said that there was no need for a CBI probe at this stage.
A division bench comprising Justice A K Banerjee and Justice M K Chaudhuri, passing its order on PILs seeking CBI probe into the scam, refused the prayer at this stage.
The bench, however, kept the matter pending before it, while passing some directions to the state on the modus operandi of investigation, which is at present being done by the West Bengal police.
Counsel Bikash Bhattacharjee, appearing for one of the petitioners, had prayed for a CBI probe submitting that magnitude and ramification of the scam called for investigation to find out those who were behind this apart from the Saradha Group chief Sudipta Sen, who is in custody alongwith some conduits.
Stating that the financial scam was spread over several states and also abroad, he said that an investigation by CBI or any other central investigating agency was called for. The division bench had appointed an amicus curae in the PILs, who had said that there was no need for a CBI probe at this stage.