Trinamool Congress MP Sudip Bandyopadhyay was arrested on 3 January in connection with the Rose Valley Ponzi scam.

This is the second TMC MP to be arrested in the Rose Valley case. While visiting the CBI office for questioning, Sudip had claimed that it was only vendetta politics and that he was ready to face interrogation with honesty.

This comes just days after Bengali film actor and Trinamool Congress (TMC) MP Tapas Paul was arrested by the the Central Bureau of Investigation (CBI) after he reached the CBI office in North 24 Parganas on December 30.

Earlier this year, a charge sheet had been filed by the CBI against Rose Valley chairman Gautam Kundu and three other accused. The firm was charged with defrauding depositors from across the country of Rs 17,000 crore, out of which Rs 450 crore was received by the ponzi firm from Odisha alone.

West Bengal Chief Minister Mamata Banerjee has termed the arrests as “vendetta” politics just because she protested against Prime Minister Narendra Modi’s demonetisation drive. According to reports, she has called an emergency meeting after Sudip Bandyopadhyay was arrested today while maintaining that it was a result of opposing note ban.

“If they think that after the arrest of TMC MP Sudip Bandhopadhyay we wont protest, they are wrong,” Mamata Banerjee said.

Meanwhile, the BJP rejected TMC’s claims of vendetta politics and said that the arrest was jusr a process of the law.