New Delhi, May 9 :
In a setback to West Bengal government, the Supreme court Friday handed over investigation into Saradha chit fund scam to the CBI.
The court also asked the Central Bureau of Investigation (CBI) to investigate ponzi scheme scams in Odisha.
The apex court bench headed by Justice T.S. Thakur said that the investigating agency will also look into any other ponzi scheme involved in chit fund scam in West Bengal, besides Saradha.
Handing over the investigation to the CBI, the court said that the investigation by the West Bengal Police did not make any headway in inter-state ramification of the scam.
The court also asked CBI to look into the money laundering dimension in the chit fund scam.
The court said that the state police has not been able to make any headway in the conspiracy angle, money trail and the seizure of the properties related to the scam.
The West Bengal government, all through the hearing of the matter, had strongly resisted the plea for handing over the investigation to the CBI.