The Economic Times
Date Of Publication:
NEW DELHI: The corporate affairs ministry is working with the West Bengal government to help small investors recover their savings they had invested in the bust Saradha group, in the news for duping investors, minister Sachin Pilot said on Monday.
The announcement comes a few days after his ministry set up a special task force within the Serious Fraud Investigation Office to unravel the money trail in the 15 companies of the Saradha group. The task force is also investigating the operations of three more deposit taking companies in West Bengal. These are Rose Valley, Sunshine India Land Developers, Icore-E services and their affiliates. In all, a total of 53 companies are under SFIO’s probe.