August 09, 2026 09:15 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘A morning I will cherish’: Raghav Chadha meets PM Modi, shares photos from ‘enriching’ meeting | Delhi Mercedes crash kills 70-year-old woman: Cop’s son behind wheel, beer bottle found | Indian-origin woman accused of ‘visa fraud’ on X: US Attorney steps in with major clarification | US Senate passes Russia sanctions bill: India can face Trump’s 100% tariff threat | Expired meat, rotten vegetables found at Bengaluru's luxury hotels, legal action begins | 'I'm ready to be humiliated': Vijay, Udhayanidhi Stalin clash in Tamil Nadu Assembly over Cauvery dispute | 'They don't need Mohan Bhagwat's certificate': Priyanka Gandhi Vadra's sharp reply to RSS chief's Gen Z remark | 'Students, Gen Z, ask me anything': Rahul Gandhi launches Instagram Q&A, responds to Jharkhand protest | PM Modi goes Gen Z, urges Indians to share 'Get Ready With Me' videos on National Handloom Day | Former Tehelka editor Tarun Tejpal sentenced to 10-year jail term in 2013 rape case as Bombay HC overturns acquittal

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.