Calcutta HC seeks ED probe report on Leaps & Bounds CEO, teacher recruitment case

The Calcutta High Court has sought a report from the Enforcement Directorate (ED) on the investigation regarding the Leaps and Bounds CEO. The court has directed ED to file a report on the progress of its investigation. The ED has alleged that Leaps & Bounds was used for dubious transactions and has already arrested the company's CEO Sujay Krishna Bhadra.

Justice Amrita Sinha of the Calcutta High Court directed the ED to file a report regarding the progress of the investigation in respect of the CEO of the company on the next date of the hearing. The counsel for one of the petitioners told the court, "The ED has recently stated in a media statement that Trinamool Congress MP Abhishek Banerjee is the "Chief Executive Officer of M/s Leaps & Bounds Pvt Ltd and the company from April 2012 to January 2014 Was also a director."

Justice Sinha noted that the report submitted by the ED before the court on Tuesday stated that Sujay Krishna Bhadra has been arrested, but did not mention anything about the investigation against the CEO. The court adjourned the next hearing of the case till September 14.