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Rose Valley scam: TMC MP Tapas Pal gets bail

CUTTACK: The

Orissa high court

on Thursday granted bail to Trinamool Congress (TMC) MP Tapas Pal, who was arrested for his alleged links with Rose Valley Chit fund scam.

The high court has directed Pal to deposit Rs 1 crore and two sureities of Rs 2 lakh each to avail the bail.

Besides, the MP has been directed to submit his passport to the investigating officer and cooperate completely in the probe process.

The CBI had arrested the actor-turned- politician on December 30, 2016 in connection with Rose valley chit fund scam. It is alleged that Pal gained undue financial benefits from the Rose Valley Group, which has duped lakhs of investors in the state.
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