Saradha scam: 2nd chargesheet filed

The CBI has named seven people and four private firms in the chargesheet.

"The Central Bureau of Investigation has today filed a chargesheet against seven accused persons, including the then Managing Director; then Director, both of Kolkata based private firm; then public servant; other private persons and four Kolkata based private firms U/s. 120B r/w 420, 409 of IPC and Section 4 & 6 of the Prize Chits and Money Circulation Schemes (Banning) Act 1978 in the Court of ACJM, Alipore, Kolkata in one of the on-going Saradha Scam Cases," the CBI said in a statement.

The CBI had earlier registered the case against the group of companies and its Managing Director and others in the multi crore chit fund scam on the directions of the Supreme Court.

"Further investigation in this case , as per the provisions of Section 173(8) of Cr. P.C is continuing in respect of other accused persons; various Business deals; Role of regulatory agencies like SEBI, ROC & RBI; Role of other agencies; Larger Criminal Conspiracy and Money trail etc," the CBI said.

"The public is reminded that the above findings are based on the investigation done by CBI and evidence collected by it. Under the Indian Law, the accused are presumed to be innocent till their guilt is finally established after a fair trial," it said.

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.

He was absconding since Saradha Group collapsed.

The duo is now in jail in the ponzi scam. Sen had claimed that he was blackmailed and used by politicians mainly from Mamata Banerjee's Trinamool Congress.