Thursday, November 7, 2024
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Assam Govt may seek CBI probe into chit fund fraud

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From Our Correspondent

 Guwahati: Assam Chief Minister Tarun Gogoi on Wednesday said his government was seriously contemplating to move the Central Bureau of Investigation (CBI) to launch investigation into the operations of some non-banking financial companies (chit funds) including major groups for swindling public money.

Emerging from a law and order review meeting with senior officials of the Home & Political Departments at his office chamber, Gogoi said cases were being examined and the government was contemplating handing over some cases to the CBI having inter-state ramifications.

Two hundred twenty-two cases were registered so far against 128 companies which include Sarada Group, Rose Valley, Unipay 2 U, Jeevan Suraksha, Prayag, Abyss Assam Group Company, Basil International Ltd., Alliance Vision Marketing Pvt. Ltd and Daffodils Group of Companies.

Seventeen cases have been charge sheeted so far against 42 persons and 15 companies. 303 persons have been arrested so far. Nearly Rs 94 lakh in cash has been seized and Rs 24 crore frozen. One hundred and six bank accounts have been frozen and a number of plots totalling more than 99 bighas including buildings have been identified and necessary steps are being taken up for their attachment.

The Special Investigation Team (SIT) of Assam Police is supervising the investigations of these cases.

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