In a big breaking in the Saradha Chit Fund Scam, Rajeev Kumar, the former Commissioner of Police of Kolkata has sought a month's time to appear before the CBI as his wife is unwell. The CBI on Saturday evening has confirmed that they received an e-mail from Kumar stating the same. The development comes a day after the Calcutta High Court withdrew its order protecting the top cop's arrest. Rajeev Kumar who is believed to be close to Mamata Banerjee has petitioned in the High Court to quash the CBI notice asking Kumar to face questioning. 

CBI interrogates senior West Bengal bureaucrat in Saradha Scam

What is Saradha Chit fund Scam?

Saradha Chit fund scam is related to a Ponzi scheme set up by Saradha Group led by businessman Sudipto Sen in the early 2000s. A few years later, a large sum of money was raised by the Saradha group. In 2009, the fraudulent ways by which the company raised money started exploding. With the SEBI's actions, the scheme collapsed by 2013 and the owner fled writing a letter that accused several politicians of making poor investments. Many Trinamool MPs are speculated to be a part of the scam. 

Rajeev Kumar's interim protection from CBI arrest withdrawn by HC

Rajeev Kumar's involvement in Saradha case?

The Kolkata Police Commissioner was heading the SIT formed by WB Government to probe the Saradha Chit fund case. In February, a team of CBI officials arrived at Rajeev Kumar's residence to arrest him. Drama in the case began from that point as West Bengal Chief Minister Mamata Banerjee reached the location and opposed the arrest of the Police Commissioner by the CBI. Claiming it an attack on 'Constitution', Mamata Banerjee sat on a night-long 'dharna'. Rajeev Kumar is currently West Bengal CID Additional Director General. The CBI started probe against Kumar after suggesting that the SIT team including Kumar has been evasive to CBI questioning regarding the missing pieces of evidence during one year of SIT probe. 

READ | BIG: Supreme Court withdraws protection from arrest to Mamata Banerjee's top cop Rajeev Kumar on CBI's plea, allows him 7 days time to approach a competent court

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