New Delhi: In the Saradha chit fund fraud case, the Enforcement Directorate has frozen over Rs 6 crore of assets belonging to several beneficiaries, including Nalini Chidambaram.
2,459 crore was collected till 2013 by a scam called Saradha Chit Fund claiming to give higher interest on investments to the people of West Bengal, Assam and Odisha. 1,983 crore of which has not yet been returned to investors without including interest.
In this regard, the Kolkata Police and the Enforcement Directorate have registered a case of financial fraud and are conducting an investigation and are freezing the assets of those who benefited from the Saratha Chitfund Company.
Nalini Chidambaram, wife of former Union Finance Minister P Chidambaram, has received Rs 1.26 crore as a lawyer for Saradha Group. Ex-IPS officer and Marxist MLA Devendranath Biswas and former Assam Congress President Dutta have also benefited. The Enforcement Department said that their assets worth more than Rs 6 crore have been frozen under the Prevention of Financial Fraud Act. In this case, the Enforcement Department has frozen assets worth a total of Rs.600 crore so far.