The CBI has summoned former Kolkata Police Commissioner Rajeev kumar on monday for questioning in connection with the Saradha chit fund scam case.
The officials said that a team of the Central Bureau of Investigation (CBI) visited Kumar’s official residence in Kolkata on Sunday evening to serve the notice and have asked the 1989-batch IPS officer to be present at the Salt Lake office of the agency on Monday in connection with the investigation into the chit fund scam.
The CBI has also issued a Look Out Notice to airports and ports in connection with its probe into the Saradha chit fund scam in West Bengal against Mr Kumar.The 1989-batch IPS officer is accused of destroying evidence related to the Ponzi scheme when he was heading the probe. CBI said that the ex Kolkata police chief Rajeev Kumar should not be allowed to leave the country.
Interim CBI chief M Nageshwar Rao said that there evidence against Rajeev Kumar
On Friday, the Supreme Court had refused Mr Kumar’s plea seeking extension of protection from arrest in the multi-crore Saradha chit fund scam.The former police commissioner had been granted protection from arrest for a seven-day period which ended on May 24.
The Saradha scam was a major financial fraud which enticed lakhs of investors to deposit money in its schemes with glossy brochures and the promise of abnormally high returns. An official estimate says Saradha had mopped up about Rs. 1,200 crore through its chit funds, but some calculations put that the figure closer to Rs. 4,000 crore. The company collapsed in April 2013.