CBI arrests Sandhir Agrawal in Saradha scam case
The Central Bureau of Investigation said late on Saturday night that it had arrested Sandhir Agrawal, the son of businessman Sajjan Agrawal in the multi-crore Saradha chit-fund scam. The father and son promote the Orion Group. Saradha Group chief Sudipta Sen had alleged in his confession letter that the father-son duo had taken Rs.40 crore from him to help keep regulatory agencies, including the Securities and Exchange Board of India, at bay. The CBI on Wednesday had arrested Debabrata Sarkar, an official of the East Bengal Football Club, in connection with the scam. Sarkar was accused of misappropriation of funds of Saradha group.
Read the LiveMint news report here.