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.

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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

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