Saradha Scam: SC Junks Matang Singh’s Bail Plea


New Delhi: Delivering another blow to the former UnionMinister and Congress leader Matang Singh, the Supreme Court on Friday dismissed his bail plea in connection with the multi-crore Saradha Group chit-fund scam.

The Central Bureau of Investigation (CBI) had earlier arrested Manoranjana Singh, ex-wife of Matang Sinh, and businessman Shantanu Ghosh in regards with the same case.

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According to sources, Manoranjana allegedly took a staggering Rs 25 crore from Saradha Group chit-fund kingpin Sudipto Sen for selling off his channel.

Matang who is already under judicial custody in connection with the scam, was arrested in January this year