Kolkata : Piyali Sen, the second wife and Shubojit Sen, son of multi-crore Saradha Group chit fund scam accused, Sudipta Sen were on Thursday produced before the Chief Judicial Magistrate of Bankshall Court and were sent to Enforcement Directorate custody for five days. The mother and son were arrested by ED officials on Wednesday in a money laundering case. They will be produced again on April 22.
According to sources in the court the ED official has found evidence that Rs.4.30 cr, which were deposited in the bank accounts of Piyali Sen and Subhojit Sen were transferred. The ED officials had been investigating where had the money gone.
The ED officials had interrogated the duo for more than two hours on Wednesday for their alleged involvement in the dubious transactions that led to the ponzi scam in which several thousand investors across West Bengal, Odisha and Assam lost their money.
According to sources, Sudipta Sen had mopped up around Rs.1983 cr from the market. Of that amount the ED has attached assets worth Rs.140 cr. The ED officials have been trying to trace the rest of the fund. Both Piyali Sen and Shubojit Sen were the directors of many fake companies set up by Sudipta Sen. Sudipta Sen had created a total of 224 companies most of them had no existence.
The ED is also trying to find out the first wife of Sudipta Sen, Madhumita Sen, who is allegedly absconding.