PART-14. Saradha Group financial scandal : MAMATA After taking over as CM of West Bengal, defeating Communists, she could not manage her State, now in Delhi protesting and abusing PM Along with a bunch of evil associates.

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Opinion
08/12/2016.
       904..
                All Members,
         Respected family members of this great holy Nation.

Sub : Saradha Group financial scandal

Ref : After taking over as CM of West Bengal, defeating Communists, she could not manage her State, now in Delhi protesting and abusing  PM  Along with a bunch of evil associates



SCANDAL STORY :

Part-14. Political reactions and protests  :

1.

The crash of the Ponzi scheme and the publication of Sudipto Sen's letter led to a barrage of cross-party accusations.



CPM accused TMC of associating with the 'chit fund', TMC alleged that Union Minister of Finance's wife Nalini Chidambaram had taken lawyers' fees from Saradha Group to incorporate its companies and should be investigated.



TMC blamed CPM for letting Ponzi funds grow in Bengal.

2.

The Saradha scandal became a major campaign issue amongst the political parties in West Bengal during the 2014 national election.

 Allegations were made by all the political parties in the state.

While the CPM, Congress and BJP again accused TMC of facilitating and profiting from the fraud, TMC said the companies were allowed to register during the government run by CPM in the state and Congress in the centre.


Mamata Bannerjee, Chief Minister of West Bengal and Chairperson of TMC, attacked P. Chidambaram, the finance minister of the central government, alleging a political vendetta in the timing—coinciding with the parliamentary elections—of a spurt in Enforcement Directorate investigation.

More political controversy occurred when Narendra Modi, the prime ministerial candidate, said Mamata Bannerjee may have directly benefited from the Ponzi scheme when her paintings were allegedly bought for Rupees 1.8 crore  by the Saradha Group.



TMC replied to the allegations, threatened legal action for defamation and called Modi the "Butcher of Gujarat".

On 11 September 2014, West Bengal law minister Chandrima Bhattacharya led around 100 TMC women supporters in a sit-in protest against CBI, alleging a biased and "politically motivated probe".

3.

Street protests broke out across West Bengal, during some of which protesters ransacked offices of various Ponzi funds.

The agents and depositors of several money mobilising funds in West Bengal organised themselves into the Chit Fund Sufferers Unity Forum (CFSUF) and demanded swift investigation and the reimbursement of deposits.

The Forum engaged in several, high-visibility, disruptive protests; it was allegedly threatened and intimidated by TMC, the ruling political party.

4.


According to media reports, around 80 agents, depositors and executives or directors of various money pooling companies have committed suicide in the aftermath of the Saradha Group's collapse.

My view

1. Political parties and its leaders put blame on others as usual,

2. TMC's  Mamata accused that the permission granted to Sarada Chit funds by CPM REGIME WHEN WEST BENGAL WAS UNDER CPM RULE,

3. MAMATA EQUALLY ACCUSED THIS WAS WHEN UPA GOVERNMENT IN THE CENTER,

4. THE PUBLIC MAY ASK YOU MAMATA AS CM, WHAT YOU DID, WHY  YOU DIDN'T TAKE ACTION AGAINST  THE COMPANY?

5. MAMATA CALL PM AS "Butcher of Gujarat". OUT OF FOOLISH FRUSTRATION, SHE KNEW THAT SHE IS COMPLETELY CAUGHT IN THE CASE,

6. THIS IS THE REASON SHE IS CONTINUOUSLY ATTACKING PM ON SILLY THINGS.

7. IF ON TRUE INVESTIGATION, HER ROLE WILL BE EXPOSED,

8. NOW SHE IS ACCUSING CHIDAMBARAM AND HIS LAWYER WIFE NALINI, AS THEY ARE TAKING UP THE CASE ON BEHALF OF THE COMPANY,

9. NOW THE SCANDAL STORY REVOLVED AROUND CPM, TMC, UPA AND MANY MORE TO BE GET EXPOSED,

10. BUT IN MY VIEW OUR JUDICIARY IS A LETHARGICALLY SLOW ONE, AND OUR LAWYERS FOR MONEY DO ANY THING TO ANY EXTENT,  THEN AS USUAL LIKE MANY CONGRESS AND OTHER POLITICAL PARTIES SCANDALS THIS WILL TAKE ITS COURSE OF ESCAPE  ROUTE ...

Thank you for reading
           JAIHIND.
  To be continued....

 KUNAL GHOSH IS INVOLVED IN THIS SCANDAL

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