July 27, 2021
Business

CBI files supplementary charge sheet against 5

New Delhi, July 2 (IANS) The Central Bureau of Investigation (CBI) on Friday said that it has filed a supplementary charge sheet in connection with the Rose Valley chit fund scam against five people, including the company’s then Chairman and Director Gautam Kundu.

The CBI said that the supplementary charge sheet was filed before the District and Sessions Judge in Tripura’s Gomati district against Rose Valley Real Estates and Construction Ltd (RVRECL), Kundu, and former Directors Shibamoy Dutta, Ashok Kumar Saha, and Ram Lal Goswami.

A CBI spokesperson said that the investigation revealed that the accused had allegedly collected huge public funds amounting Rs 31.49 crore in the form of deposits by issuing certificates in the names of plot or land bookings, in violation of the Companies Act and SEBI regulations.

It was further alleged that the accused formed several other companies…

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