KOLKATA: The Central Bureau of Investigation (CBI) on Tuesday told the Calcutta high court that, if ordered, it can probe the West Bengal government’s sale of its 47% stake in Metro Dairy to the project’s sole private partner which, a short while later, transferred 15% of its shares to a Singapore-based firm for a much higher price.
This is the only disinvestment made by the Mamata Banerjee government since 2011 when the Trinamool Congress (TMC) first came to power.
The division bench of chief justice Prakash Shrivastava and justice Indra Prasanna Mukerji was hearing a petition filed by West Bengal Congress president Adhir Ranjan Chowdhury in 2018, demanding a probe by a central agency into what he alleged was a scam.