An affidavit has been submitted by the West Bengal government to Calcutta High Court, stating the progress of investigation into the chit fund crisis, generated by Saradha Group.
Government lawyer Asoke Banerjee explained the stand of the state government on the crisis placing the affidavit before the bench of Chief Justice Arun Mishara and Justice Joymalya Bagchi.
The bench had ordered for an affidavit on a public interest litigation filed by resident of the city Anindya Sunder Das, seeking a CBI probe into the chit fund crisis.
Subrata Mukherjee, petitioner’s lawyer, argued before the court that the government had not sent affidavit to the opposition as it was deliberately trying to delay the process of hearing of the suit to avoid CBI inquiry.
Government lawyer Mr Banerjee contested the argument saying the government’s was being tarnished and ‘ the government has no intention to divert attention of the court or delay the process of investigation ‘.
CBI, however, informed the court that it was prepared to take up the investigation in the chit fund scam that had wiped away savings of thousands of depositors.