CM Suvendu Adhikari orders probe into Rs 635 crore spent on Bengal Global Business Summit
Sources suspect government funds may have been siphoned off through the event management company
CM Suvendu Adhikari has announced a probe into the expenditure of Rs 635 crore on an event management company engaged to organise various editions of the Bengal Global Business Summit (BGBS) and indicated that the government might hand the case over to the Enforcement Directorate (ED).
"During the Bengal Global Business Summit (BGBS), Mamata Banerjee's government spent a total of Rs 635 crore on an event management company. This matter will be investigated.
Not only will there be an investigation, but we will also move the court," said the chief minister.
Venue of BGBS at the Biswa Bangla Convention Centre in New Town : 2025
A source said the current government suspected that large-scale misappropriation of public money had occurred through advertisements and promotional campaigns linked to events such as the BGBS.
"If necessary, we will hand the matter over to agencies investigating money laundering. We will not let this go.
The people have not elected us to remain silent. You can already see the condition of 'Pushpa' and others," he added.
The state Industry minister Tapas Roy has already directed officials to prepare a detailed report on the BGBS and its expenditure.
The new state government is keen to "scrutinise" the outcomes of those high-profile events that involved spending hundreds of crores and examine whether public funds were misused.
Former Mamata Banerjee, who even failed to win her own seat in 2026 polls, had launched the BGBS as a platform to connect with leading industrialists from across the country and the world, inviting them to invest in Bengal.
After each summit, her government used to announce investment proposals worth thousands of crores in the state, many of which critics claimed were never implemented on the ground.
The BGBS was launched in 2015, and a total of 12 editions have been held.
"If an investigation is conducted, a massive corruption racket will be exposed. The chief minister has already understood this, and that is why he raised the issue today," said a BJP source.
Since the BJP government came to power, a significant number of industrialists have started meeting Suvendu.
A section of industrialists has also called on top BJP leaders, including state president Samik Bhattacharya, with proposals to invest in Bengal.
CM Suvendu said that his government had been examining the track records of all such industrialists and the performance of their companies to determine whether they had previously been involved in land-related or banking scams.
"We want to determine whether industrialists are coming merely to meet the chief minister and take photographs after presenting flowers, or whether they genuinely intend to invest and contribute," said the chief minister.
"Our first task is to examine whether those industries have been credible business players in the past, whether they have committed bank fraud, land fraud, or whether any money laundering investigations are pending against them," he has stated.
ends
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