New Delhi: The CBI on Monday constituted a Special Investigation Team (SIT) to probe the Saradha chit fund scam in which investors in West Bengal, Odisha and Assam were allegedly duped of Rs 10,000 crore.
Sources said the SIT, which will be headed by a joint director, will also probe the role of market regulators like Securities Exchange Board of India (SEBI) and RBI.
Talking to reporters, CBI spokesperson Kanchan Prasad said that the SIT constituted under joint director (Northeast) will have agency officers from West Bengal, Odisha, the Northeast and Bihar.
“The SIT will soon collect all relevant documents before registering the FIR in the matter. The CBI will also look into the larger conspiracy angle” Prasad said. The SIT has been formed in the wake of the Supreme Court’s recent order. The apex court ordered a CBI probe on Friday on a PIL and asked the three state police forces to cooperate with the CBI investigation.
The Enforcement Directorate (ED) is also looking into money laundering violation by the Saradha Group.
