Kolkata, April 8 The Calcutta High Court granted bail to multi-crore Saradha Ponzi scam accused Sudipta Sen in the last two of the over 300 criminal cases against him, paving the way for his release from jail after 13 years.
A division bench of the high court granted bail to Sen in two cases related to the Barasat police station in North 24 Parganas district of West Bengal.
Sen has already been granted bail in all the other cases registered against him, including four cases filed by the Central Bureau of Investigation (CBI).
The court ordered that Sen be released upon furnishing a bond of Rs 5,000 with two sureties of like amount each, one of whom must be local.
Sen was arrested in April 2013 in Jammu and Kashmir after financial misappropriations amounting to hundreds of crores of Rupees were uncovered.