The high court appointed amicus curie (friend of court) on Tuesday told the court that, at present, the state police may be allowed to continue the probe into the Saradha chit fund scam.
Assisting the justices Ashim Kumar Banerjee and Mrinal Kanti Chaudhuri, the advocate, Lakshmi Gupta, said that the CBI may be asked to take over the probe if the involvement of any state official or leader of the ruling party surfaces in the scam.
“In the Saradha chit fund scam, the allegations against the leaders of TMC government are baseless. Therefore, it can’t be said that the state police will fail to conduct a fair probe,” Gupta said.
On the point of setting up a high-powered committee for making inquiry into the scam, Gupta told the court that it is unlikely to achieve any result.Gupta, however, suggested the court to direct the state to widen the scope of the inquiry commission headed by Justice Shyamal Sen set up by the Mamata Banerjee government for redressing the complaints of the depositors.
The judges adjourned the final hearing on a batch of public interest litigation (PIL) petitions filed by the lawyers till June 12 .
The state advocate Ashok Banerjee had told the court that the Security Exchange Board of India had already started inquiry into the chit fund scam and in April 2013 directed the Saradha Group to refund money to all its depositors within three months, failing which it would lodge a complaint with the police.