Sudipta Sen, the owner of Saradha chit fund company, is set to be released from judicial custody on Thursday after securing bail in all corruption cases. Having spent nearly 13 years in custody, Sen is currently held at the Presidency Correctional Home in Kolkata, West Bengal. The Calcutta High Court’s division bench, led by Justice Rajarshi Bharadwaj, granted Sen bail in two pending cases with the state police, paving the way for his release without legal impediments.
Sen, the prime accused in the Saradha chit fund scam, faced a total of 76 cases filed by the Central Bureau of Investigation (CBI). While he had already obtained bail in all cases under the central probe, he remained in custody for two cases under the Barasat police station. Following the court’s decision, Sen is expected to walk free from jail on Thursday, subject to the conditions set forth by the court.
In a significant development, the Calcutta High Court criticized both the state and the CBI during Sen’s bail proceedings. The court’s judgment came after the plaintiff’s lawyer highlighted the extensive legal battle faced by Sen, with a total of 389 cases filed against him. Sen’s initial arrest in 2013 by the Bidhannagar police station escalated into a complex legal saga involving multiple agencies and numerous charges, culminating in his forthcoming release from custody.
