Rose Valley scam: CCTV images show CEO's wife with ED investigator


Kolkata, Jan 31 (Agencies) : In a new twist to the Rose Valley chit fund or Ponzi scheme case, in which two Trinamool Congress MPs were jailed last month, CCTV images have now emerged purportedly showing the wife of Rose Valley CEO in the company of the investigational officer in a hotel room.

The issue may be brought up in the Parliament too, sources said.

As per sources, CCTV footage shows a man who looks like Manoh Kumar, the a nodal officer investigating the case, checking into a Delhi hotel with a woman who resembles Subhra Kundu, wife of Gautam Kundu, who headed the Rose Valley conglomerate.




Gautam Kundu, who was arrested in 2015, is accused of a 17,000-crore fraud that centred on small, unregulated savings schemes.

The CCTV footage emerged last night from police sources that showed Subhra Kundu entering the Kolkata airport and later checking into a hotel in Delhi last month with Manoj Kumar.

Kumar has reportedly blamed the controversy on 'personal vendetta'. Sources say Subhra Kundu recently filed for a divorce.

The Enforcement Directorate said it has ordered an investigation, and "strict disciplinary action" will follow if charges are proved true.

The footage was tracked down by Kolkata police after links emerged between the Enforcement Directorate officer and Subhra Kundu in a probe into a hawala or money-laundering case in central Kolkata in December. During a raid on the office of a chartered accountant firm, police came across a computer file named "Mrs Rose Valley." Investigations revealed Manoj Kumar had put her in touch with the firm which assisted her in transacting 15 crores.

The Rose Valley scam led last month to the arrests of two senior leaders of Mamata Banerjee's Trinamool Congress. Sudip Bandyopadhyay and Tapas Pal were arrested for allegedly enabling the swindling of small investors across West Bengal through their close links to the company.

  

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Comment on this article

  • BABA, BANGALORE

    Thu, Feb 02 2017

    Well done Enforcement Directorate. You should apply for a patent on this original investigation method.

    DisAgree Agree [2] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Mumbai

    Tue, Jan 31 2017

    What a big deal ? May be, the Investigator wanted to examine the other concealed assets of the accused.

    DisAgree [2] Agree [85] Reply Report Abuse

  • J.anata, Mangaluru / Bengaluru

    Tue, Jan 31 2017

    Rose valley scam in addition to Sarada chit funds scam will surely spell death knell for Trinamool Congress in WB as many of their top leaders and MPs are part of this. Poor peoples hard earned savings were misused for personal gains!

    DisAgree [12] Agree [51] Reply Report Abuse


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Title: Rose Valley scam: CCTV images show CEO's wife with ED investigator



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