KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday.
A team of ED officials visited the outlets to ascertain the extent of alleged money laundering that had taken place in setting up the expensive showrooms.
ED had registered a criminal FIR against the firm, its Chairman Gautam Kundu and others in 2014 under the PMLA.
A Bhubaneswar court today rejected the bail plea of Trinamool Congress MP Sudip Bandyopadhyay.
Enforcement Directorate official Manoj Kumar was on Thursday interrogated by a team of his own agency for his alleged association with the estranged wife of Rose Valley CEO Gautam Kundu.
Manoj Kumar, an assistant director of the Enforcement Directorate, was allegedly spotted with Rose Valley CEO's wife Subhra Kundu at the Kolkata airport and later checking into a Delhi hotel.
Officials today rubbished reports that the PMO has given any instruction to the CBI in connection with its probe in the alleged scam.
West Bengal Chief Minister Mamata Banerjee has claimed that the Rose Valley chit fund scam case had links with state-owned insurance group and investment company LIC.
Trinamool Congress MP Tapas Paul, who was arrested by the CBI last Friday for his alleged involvement in the Rose Valley Chit fund scam, on Sunday said his innocence will be proved in due course.
Kolkata: A city court today remanded Gautam Kundu of Rose Valley to judicial custody till May five in connection with a money laundering case.Chief Judge of City Sessions Court G C Karmakar granted the remand
Kolkata: Probing illicit fund raising by Kolkata-based companies, the Ministry of Corporate Affairs has found that group companies of Saradha and Rose Valley mobilised amounts worth Rs 12,740 crore.The ministry has completed probes against Saradha
Kolkata: The mobilisation of money from the market is much more in Rose Valley firm than in the Saradha ponzi firms, Enforcement Directorate (ED), which is probing the money laundering aspects of both the firms,
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