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ED interrogates Rose Valley chief again

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Press Trust of India Kolkata
Last Updated : Jan 19 2015 | 5:40 PM IST
Enforcement Directorate today interrogated Rose Valley Group chief Gautam Kundu whose firm had allegedly collected money from the public through investment schemes.
ED sources said Kundu was asked to appear before the directorate's official for questioning about deployment of the funds collected from public.
Kundu had been interrogated twice in October and once in November last year by ED under the provisions of the Prevention of Money Laundering Act.
Rose Valley group had garnered around Rs 15,000 crore from the public and started business ventures in real estate, hospitality and media.
Earlier, the directorate had frozen narly 2,500 bank accounts of the group for following the money trail which the agency was probing.

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First Published: Jan 19 2015 | 5:40 PM IST

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