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ED recovers Rs.36.91 crore from Rose Valley accouts

Sentinel Digital Desk

Kolkata, June 20: The Enforcement Directorate (ED) has made fresh recoveries of Rs.36.91 crore from bank accounts of Kolkata-based company Rose Valley, which is under investigation for its alleged involvement in ponzi schemes. "We have unearthed 180 bank accounts of Rose Valley from where we have recovered Rs. 36.91 crore," an ED source told IANS. In March this year, the ED had arrested the company's chairman Gautam Kundu. It was thereafter followed by a charge sheet.