Cruse Associates News Information Reviews: Forensic audit on
http://gulfnews.com/news/world/india/forensic-audit-on-chit-fund-scam-1.1181551
KOLKATA _ Sudipta Sen, the promoter of the busted Saradha group, and his most trusted associate Debjani Mukherjee were today sent to nine-day police custody by a Kolkata court.
Both Sen and Mukherjee are in the custody Kolkata police since April 23. Police sources inform Sen has been cooperative during his investigation and is divulging minute details about how he allegedly bribed politicians and officials across several states to ensure he could continue with his dodgy dealings.
However, police is still unable to trace the millions that he has raised from investors promising high returns and also solve the accounting quagmire that he has created. Officials pointed out that Sen’s investments in India, particularly in Bengal, are not commensurate with what he is suspected to have collected. “What is the amount he has collected and where exactly the funds are is a multi-million dollar question. He is giving information but definitely hiding the key facts and accounts are not tallying. A thorough forensic audit on the company is needed,” said an investigating officer.
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