CBI has registered 57 regular cases relating to various individuals or companies involved in business of chit fund in Odisha and West Bengal which are at various stages of investigation.
This information was shared in the Lok Sabha by Minister of State in the Ministry of Personnel, Public Grievances and Pensions Jitendra Singh in a written reply to a member’s question.
Of these, chargesheets have been filed in three cases before competent courts. Searches have been carried out by CBI in 12 of these cases, the Minister said.
The Enforcement Directorate has registered nine cases in these scams and conducted 19 search and seizure operations, Singh said.
“The Directorate has provisionally attached assets valued around Rs 500 crore,” Singh said in his reply. He also added that Serious Fraud Investigations Office (SFIO) is also probing the affairs of 63 companies which had indulged in chit fund activities in Odisha and West Bengal.
In a written response to a separate question related to permission for prosecution, Singh said that Central Vigilance Commission has provided a list of cases which are pending for accord of sanction under PC Act in the Ministry of Personnel, Public Grievances and Pensions.
“There were five cases in which 14 requests for sanction for prosecution pending in the Department of Personnel and Training from the year 2012 onwards. All these requests are at various stages of submission,” the minister said.