Saradha accused Madan Mitra gets bail

Kolkata, Sept 9: Former West Bengal minister and Trimool Congress leader Madan Mitra was on Friday granted bail by a court here, over 21 months after his arrest in the multi-crore rupee Saradha chit fund scam. Durga Puja arrived early for Mitra’s family and supporters as people in large numbers celebrated his bail, while the ruling Trimool Congress hailed the court’s verdict. Mitra was behind bars since his arrest on December 12, 2014, except for a brief period in October, 2015, when he was granted bail by a lower court. The relief was subsequently cancelled by the Calcutta High Court. On Friday, the court of Chief judicial Magistrate, Alipore, granted him bail on twin bonds of Rs 15 lakh each. Indicted of cheating, conspiracy and crimil breach of trust, the former state Transport and Sports Minister was one of the most high profile arrests in the Saradha scam after the Central Bureau of Investigation (CBI) took over the probe. (IANS)

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