When the history of media and business in Indian politics is written, the saga unfolding in West Bengal should make for a colourful chapter. A media empire that grew rapidly and started collapsing, just as rapidly, in April 2013, will feature prominently in this history. Behind the media empire, of course, was a shady finance company whose demise set the dominoes tumbling.
Since then, there have been several developments. Last fortnight, another episode of the story played out with the arrest of Trinamool Congress Rajya Sabha MP Srinjoy Bose, and the attempted suicide of Kunal Ghosh, a former MP of the same party until he was deprived of his seat late last year, after he named West Bengal chief minister Mamata Banerjee as one of the people who could shed light on the Saradha scam.