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Saradha chit fund row: Sudipto Sen produced in court, charged with fraud

Kolkata, April 25 (ANI): Prime accused in the Saradha chit fund scam, Sudipto Sen and Debjani were produced before a court here on Thursday and charged for violations of sections 406 and 420 of the Indian Penal Code (IPC).

Sen and two other accused were produced in court even as fresh protests erupted.

Sen, who is one of the three accused, blamed two Trinamool Congress (TMC) MPs of ‘extortion’ and ‘blackmail’ and held them responsible for his downfall.

Sen, in a letter to Central Bureau of Investigation (CBI), threatened to commit suicide over his predicament, as he feared he would not be able to refund the public money.

The Bharatiya Janata Party (BJP) unit in West Bengal has demanded a CBI probe. Reacting to the situation, Chief Minister Mamata Banerjee promised to take action against guilty.

She also announced a Rs. 500 crore relief fund for duped investors. (ANI)