By Bizodisha Bureau, Bhubaneswar, January 7, 2016 : The country’s premier investigating agency, Central Bureau of Investigation [CBI] on Thursday submitted a preliminary chargesheet in the Rose Valley chit fund scam at the Special Chief Judicial Magistrate’s (CJM) Court here.

The CBI has accused the ponzi firm of defrauding depositors of Rs 17,000 crore in the chargesheet including Rs 450 crore from the state.

The chargesheet has been filed against the ponzi company’s chairman Goutam Kundu, managing director Sibamaya Dutta and directors Ramlal Goswami and Ashok Kumar Saha, CBI sources said.

The CBI has included 131 witnesses and 252 documents in the chargesheet. The accused have been charged under sections 120 (B), 420, 409 of the IPC and sections 4 and 6 of Prize and Chits Banning Act.

The central investigation agency has named three firms Rose Valley Real Estate & Construction Ltd, Rose Valley Hotel & Entertainment Ltd and Rose Valley Real Estate & Land Bank India Ltd in its chargesheet.

While Ashok Kumar Saha and Sibamaya Dutta have been arrested by the CBI, the central investigating agency is planning to get Goutam Kundu on remand now in the Enforcement Directorate’s (ED) custody.