Panja had accompanied Mamata on her trip to Bangladesh that ended on Saturday. He has been a close aide of the West Bengal chief minister who also helped crafting the 'brand Mamata'.
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The entrepreneur was detained by the police on his return from the Bangladesh trip at the immigration counter itself.
Reportedly, a team of Delhi Police was on a look out for him and had issued a notice for the same on February 19. They were looking for him in an economic offense case, the details of which were not available till early morning on Sunday.
Panja, it should be noted, is member of the Kolkata International Film Festival committee. Reportedly, he is one of prime organizers of Mamata's art exhibitions and is described as Mamata's "Man everyday".
His arrest adds to the embarrassment of West Bengal CM as her party is already marred in controversy over Saradha chit fund scam.
Til the latest news, he had been brought to the Barrackpore court.
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