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The Supreme Court today dismissed an application for a court-monitored probe into the Saradha Chit Fund scam.
The application filed by a group of investors was heard by a Bench of Chief Justice of India Ranjan Gogoi and Justice Sanjiv Khanna.
The applicants had sought the constitution of a monitoring committee or monitoring mechanism with respect to the probe by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) into the Saradha scam cases.
It was also prayed that status reports regarding the probe be furnished from time to time.
Senior Counsel Vikas Singh, appearing for the applicants, contended that no holistic picture was emerging despite the probe by CBI and ED for the past few years.
The Court, however, declined the plea and dismissed the application.
Last week, the Supreme Court had ordered Kolkata Police Commissioner Rajeev Kumar to appear and make himself available before the CBI to co-operate with the probe into the Saradha scam.