Saradha Scam: SC Grants Bail To Accused Manoranjana Sinh


New Delhi: The Supreme Court had granted bail to Manoranjana Sinh, an accused in the Saradha chit fund scam on Monday. Manoranjana, the estranged wife of former union minister Matang Sinh had moved the Supreme Court after the Calcutta high court rejected her bail plea.

The CBI had arrested her for allegedly taking money from Saradha group chairman Sudipto Sen by threatening him. The CBI had said she has been accused of misappropriation of funds, cheating and criminal conspiracy.

It was also alleged that she had taken Rs 25 crore from Saradha Group boss and main accused Sudipto Sen for selling off his channel. She was the managing director of NE TV that was involved in a financial transaction with ponzi fund Saradha Group. Sen had named Manoranjana saying she was responsible for siphoning off a huge amount while settling a deal between Saradha Group and her firm Positive Group.