March 28, 2026 11:38 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘Feeling blessed’: PM Modi attends Surya Tilak ceremony at Ayodhya Ram Temple virtually | ‘No lockdown’: Union Minister Hardeep Singh Puri dismisses rumours, assures preparedness amid West Asia tensions | Middle East crisis: Govt cuts excise duty by Rs 10 on petrol and diesel, giving big relief amid global oil shock | ‘Big boost for NCR connectivity’: PM Modi to inaugurate Noida International Airport Phase 1 tomorrow | HDFC chairman Atanu Chakraborty resigned over power struggle with CEO Sashidhar Jagdishan: Report | PM Modi to chair meeting with CMs tomorrow amid West Asia conflict | ‘I said, no thanks’: Trump claims Iran offered him Supreme Leader role | Iran allows India, four other ‘friendly nations’ access to Strait of Hormuz amid West Asia conflict | 13 killed as bus, lorry collide and catch fire in Andhra Pradesh | Mamata unveils TMC candidate list for Bengal polls; to face Suvendu in Bhabanipur

ED arrests Rose Valley Group Chairman Gautam Kundu

| | Mar 26, 2015, at 04:57 am
Kolkata, Mar 25 (IBNS) The Enforcement Directorate on Wednesday arrested Rose Valley group of companies chairman Gautam Kundu in Kolkata in connection with a ponzi scam allegedly involving the group.

According to reports, he was arrested after being interrogated by officials for several hours at ED office in Kolkata.

Kundu was arrested nearly two years after Saradha Group chief Sudipta Sen and Saradha Group director Debjani Mukherjee were arrested in April 2013 from Jammu and Kashmir.

The Saradha Group that went bust last year left lakhs of depositors in a fix.

The duo is now in jail in the ponzi scam.

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.