The Enforcement Directorate (ED), investigating the multi-crore Saradha scam, has traced property worth Rs 1,600 crore of Saradha owner Sudipta Sen. The ED, however, failed to trace Saradha property outside India.
The ED is giving final touches to its charge sheet in which it is going to mention the attachment of Saradha’s Rs 1,600 crore property. The ED is still clueless about the details of the various bank transactions of Sudipta.
Earlier, the directorate had retrieved a pen drive that showed the Saradha Group had collected Rs 2,459 crore from depositors across the country. But interrogating Sudipta a number of times failed to trace Rs 750 crore.
The ED, after scrutinising Sudipta Sen’s bank account with Indian Overseas Bank’s Gol Park branch, found many transactions where money was transferred to many fictitious accounts.
But the ED officials are sure that huge amount of money were transferred to many on undisclosed accounts.
The ED has tried to find out Sudipta’s overseas property through its ‘channel’ in overseas countries. But no significant inputs came to the ED’s investigators from their overseas sources.
“Sudipta has concealed information relating to cash transfer. His employees, including the accounts department staff, could not divulge the details of these cash transactions. He even did not make any entry of these transactions in his daily business report folder,” said an ED official.
The ED is now waiting for the CBI report to know about the ‘criminal’ angle of the entire scam. ED sources said if the CBI could trace the undisclosed money trail abroad and in the country, then it would be helpful for the ED to attach the money after proper official proceedings.
The ED, after scrutinising the daily report of the Saradha Group and the various bank accounts of Saradha and Sudipta, was sure that the money was withdrawn after transferring the amount to different accounts which was later found fictitious.
“Sudipta, during his interrogation, did not reveal how these accounts were opened and who operated these accounts. Even the bank authorities failed to provide names of actual account holders. In many accounts, we found that there was no existence of the account holder in reality,” said the official.
The ED is also sure that the banks where the Saradha owner had opened several accounts did not follow the proper guidelines to open the accounts.