The Calcutta High Court on Saturday granted bail to Debjani Mukherjee, an accused in the multi-crore Saradha chit fund scam, in one of the several criminal cases against her.
A division bench comprising Acting Chief Justice Rajesh Bindal and Justice Arijit Banerjee ordered bail to Mukherjee on furnishing a bond of Rs 2 lakh with two sureties of Rs 1 lakh each, one of whom must be local.
Mukherjee will, however, continue to remain behind bars since she is yet to obtain bail in cases pending against her in other states.
The Saradha group allegedly cheated thousands of depositors, promising abnormally high returns on investments in its illegal schemes.
Moving the bail petition before the high court, the petitioner’s lawyer Jayanta Narayan Chatterjee contended that she was arrested on April 22, 2013, and has been in custody since then.
The CBI, which is investigating the case, stated that such arrest was in connection with…