March 13, 2026 04:49 pm (IST)
Follow us:
Saradha scam: Madan Mitra arrested
Kolkata, Dec 12 (IBNS) West Bengal Transport Minister Madan Mitra, a close aide of Chief Minister Mamata Banerjee, was arrested on Friday by the Central Bureau of Investigation (CBI) probing the Saradha ponzi scheme meltdown scam, after a series of other high profile arrests associated with the ruling Trinamool Congress party.
The CBI had sent a second summon to Madan Mitra on Monday.
He did not appear before the CBI as he said he was unwell and had taken admission at Seth Sukhlal Karnani Memorial (SSKM) Hospital in Kolkata.
After he was released from the hospital, Mitra told media that he was ready to help the CBI in the Saradha probe. Mamata Banerjee earlier said she did not believe that Madan Mitra was a thief.
The Saradha Group that went bust last year left lakhs of depositors in a fix.
Saradha Group chief Sudipta Sen and Saradha Group director Debjani Mukherjee were arrested in April 2013 from Jammu and Kashmir.
Several other TMC leaders, parliamentarians, were earlier taken in custody by CBI.
The Alipore court on Saturday remanded Trinamool Congress (TMC) MP Srinjoy Bose to jail custody till Dec 5.
After three days in Central Bureau of Investigation (CBI) custody, Srinjoy Bose was produced in the Alipore court on Saturday.
His lawyer pleaded for Bose's bail, but the court rejected and sent him to jail.
The CBI, however, did not appeal to court for Bose's CBI custody.
The CBI had arrested industrialist Srinjoy Bose earlier in the scam.
Bose is the owner-editor of Bengali daily newspaper 'Sambad Protidin' and executive member of 'Mohun Bagan' football club. He is also the editor of Trinamool Congress (TMC) mouthpiece 'Jaago Bangla.'
Suspended Trinamool MP Kunal Ghosh and party vice president Rajat Majumdar were arrested earlier.
Apart from Bose, CBI on Friday quizzed West Bengal state textile minister Shyama Prasad Mukherjee.
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.
Latest Headlines
'Nobody will hire them': Supreme Court says menstrual leave would backfire, hurt women's careers
Fri, Mar 13 2026
Indian-origin brothers face over 400 years in jail after massive fraud conviction in US
Fri, Mar 13 2026
Two oil tankers break Strait of Hormuz deadlock, reach India amid West Asia conflict
Thu, Mar 12 2026
Opposition’s no-confidence motion against Speaker Om Birla fails after stormy Lok Sabha debate
Wed, Mar 11 2026
India sends relief supplies to flood-hit Mozambique
Wed, Mar 11 2026