India

RG Kar Financial Scam: Arrested Vendor Used Multiple Firms To Win Contracts

Vendor Biplab Sinha, arrested for financial irregularities at RG Kar Medical College & Hospital, allegedly created multiple business entities to secure contracts for medical supplies and maintenance work, according to sources.

Sinha is currently in the custody of the Central Bureau of Investigation (CBI), which is investigating alongside the Enforcement Directorate (ED). The ED has filed an Enforcement Case Information Report (ECIR) and is probing the money laundering angle.

Sources revealed that Sinha floated three companies—Maa Tara Traders, Baba Loknath Enterprises, and Tiyasha Enterprises—to manipulate tender bids. These companies participated in bids with varying prices to ensure the lowest bid, submitted by Maa Tara Traders, would win the contracts.

The other two entities existed only on paper and were used to submit higher bid prices. This strategy ensured Sinha’s primary firm always secured the contracts.

Also Read: BJP Chief Nadda Criticizes Dynastic Politics During Bihar Membership Drive

Both Sinha and another arrested vendor, Suman Hazra, are reportedly close to the former RG Kar principal, Sandip Ghosh, who is also in CBI custody. The CBI has presented these claims in a special Kolkata court.

On Friday, ED officials raided multiple locations, including Sinha’s residence, where they found crucial documents related to the three entities. The ED is also investigating the disproportionate assets accumulated by Sandip Ghosh.

While the CBI took over the investigation following a Calcutta High Court order, the ED initiated its probe by filing the ECIR.

Shibra Arshad

Recent Posts

Adani Group Announces ₹63,000-Crore Energy Push In Assam With Major Thermal And Storage Projects

Adani Group secures government approval for large-scale thermal and pumped storage projects in Assam, marking…

4 mins ago

AIMIM Registers Strong Gains In Seemanchal As NDA Dominates Statewide Count

AIMIM leads in five Seemanchal seats as the NDA races past 200 seats in Bihar.…

29 mins ago

NDA Secures Commanding Lead In Bihar As PM Modi–Nitish Governance Model Wins Voter Trust

NDA gains a strong lead in the Bihar elections, powered by DBT-led welfare delivery, economic…

36 mins ago

Nitish Kumar Set For Historic 10th Term As Women Voters & Job Schemes Power NDA Surge

Women voters and welfare schemes drive Nitish Kumar’s strong lead as the NDA heads for…

56 mins ago

Bihar Election 2025: Prashant Kishor’s Jan Suraaj Party Fails Initial Test

Prashant Kishor’s Jan Suraaj Party struggled to gain voter support, falling short in its electoral…

1 hour ago

Jailed JDU Strongman Anant Singh Secures Victory In Mokama, Bihar

Anant Singh leads Mokama in Bihar elections 2025, defeating Veena Devi, boosting JDU’s stronghold.

2 hours ago