TMC MP Tapas Pal arrested by CBI in Rose Valley Chit Fund scam


Trinamool Congress MP Tapas Pal was arrested on Friday by CBI for his alleged involvement in the Rose Valley Chit Fund Scam.

Tapas Pal

“We have arrested Tapas Pal for his alleged involvement in the Rose Valley Chit Fund scam. We had placed a few questions before him and he could not give any proper reply over the amount of money he had taken and on what basis,” a senior CBI official told PTI.

Pal was interrogated for four hours. As he failed to give proper reply to any of the questions on his appointment as director to one of the Rose Valley companies or his involvement in the firm investing in bengali film industry, the CBI decided to arrest him, the official said.

The probe agency is likely to take him to Bhubaneswar for further questioning.

CBI had issued summons to Tapas Pal on 27 December in connection with the alleged scam, which is one of the cases of the chit fund scams being probed by the investigating agency. He was asked to appear before the agency at its office in Salt Lake on Friday.


  1. The CBI arresting the Trinomial Congress poitical leader is a step towards investigating the chit fund scam. But, there may be political overtones as the CM of West Bengal has strongly opposed demonetisation. This may be a revange act.


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