July 17, 2026 02:18 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Why introduce a new language in Class 9?' Supreme Court questions Centre's policy | 'Save Sonam Wangchuk's life': Delhi High Court to Centre as hunger strike enters Day 19 | Atul Kulkarni observes one-day fast in support of Sonam Wangchuk, urges Centre to initiate dialogue | Argentina stun England with late rally to storm into FIFA World Cup 2026 final | 'He could die in two days': Delhi HC plea seeks force-feeding of Sonam Wangchuk as fast enters Day 18 | 'Tonight's defeat is hard to take': Emmanuel Macron reacts after France crash out of World Cup, congratulates Spain | Spain cruise past France to storm into FIFA World Cup 2026 final with clinical 2-0 victory | Taslima Nasrin announces Kolkata return after 20 years to attend literary event at Rabindra Sadan | 'We must not watch one of our greatest minds be sacrificed': Zeenat Aman backs Sonam Wangchuk, urges govt to open dialogue | 'I don't want Phunsukh Wangdu to die': '3 Idiots' star Omi Vaidya's emotional appeal for Sonam Wangchuk

Rose Valley: Odisha HC grants conditional bail to TMC MP Sudip Bandyopadhyay

| | May 19, 2017, at 05:15 pm
Cuttack, May 19 (IBNS): The Odisha High Court on Friday morning granted conditional bail to Trinamool Congress (TMC) Lok Sabha MP Sudip Bandyopadhyay, who was arrested earlier by the Central Bureau of Investigation (CBI) in connection with its ongoing probe into multi-crore Rose Valley chit fund scam, reports said.

According to reports, a bench of Justice J.P. Das granted the bail on a personal bond of rupees 25 lakh, slapping few conditions on Sudip Bandyopadhyay, which includes the surrender of his passport before the CBI.

The court has also asked him to not influence either the investigation process or its witnesses.

Last month, Sudip Bandyopadhyay's counsels moved to Odisha High Court, seeking his bail on medical grounds as the TMC MP is undergoing treatment at a privately-run hospital in Bhubaneswar.

After few days long hearing, the court had reserved the order since May 8 and announced it on Friday morning.

However, an investigating official of the Central probe agency told IBNS that they are likely to move to the Supreme Court against the verdict and they will take decision after receiving the order's copy.

Bandyopadhyay's lawyers are currently busy with bail proceedings and said that the 'sick' MP of West Bengal's ruling party would be released from judicial custody by Saturday morning.

Reacting on the matter, Sudip's wife TMC MLA Nayna Bandyopadhyay told IBNS: "My husband is seriously ill and currently under treatment, I'm really worried about his health. Our party will give official statement or reaction on his bail."

Earlier on Jan 3, CBI booked Sudip Bandyopadhyay for his alleged involvement in Rose Valley financial scam and the investigation agency mentioned his name in a recently filed charge sheet.

(Reporting by Deepayan Sinha)

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.