Congress demands CBI interrogation of Tripura CM in chit fund case

Saturday, Mar 28, 2015,20:49 IST By metrovaartha A A A

Agartala | Tripura Congress Legislative Party (CLP) today released a booklet along with a video documentary narrating details of functioning of Non Banking Financial Companies (NBFC) in the state and role of left front government. Addressing media after releasing the booklet, leader of the opposition Sudip Roy Barman demanded CBI interrogation of Chief Minister Manik Sarkar and his other cabinet colleagues whose photographs and records substantiate their association with NBFCs and Chit Fund Companies.
According to record, Sarkar has attended program of as many as seven NBFCs and encouraged them in business. The state government has allotted land for three such companies in Bodhjungnagar industrial estate, which later they used for cheating the common people.
Photographs, so far collected it shows Sarkar had held meeting besides, attending programs with Sarada Group of Industries, Rose Valley, Prayag Group of Companies, Cosmic Group of Companies, Mangalam Agro-products Ltd, Waris Finance and I-core company, Roy Barman alleged. Moreover, lone female member in his cabinet and Science, Technology and Environment Minister Bijita Nath confessed her association with Rose Valley.
Her brother, staying with her official residence was agent of Rose Valley and two other NBFC till before he committed suicide in 2013, he stated. If Mandan Mitra was interrogated and later arrested by CBI for his proximity with Sarada Group, why Manik Sarkar to be spared for promoting NBFCs business in Tripura for past 7-8 years, Roy Barman questioned.
He further stated that NBFC has been promoted by the left front government since 1978 when left front first came into power. Seven Sisters and Sanchayeni companies had started business in Tripura. After a few years they left but the government did not take any step to recover the deposits. Again in 1998, when Manik Sarkar led left front government came in power, a number of NBFCs without having any authorization of RBI and SEBI began business in the state obtaining license from the state government, he alleged.
The government was compelled following our pressure to passed Tripura Protection of Interest of Depositors (In Financial Establishment) Act in 2000. But did not frame any rule till 2007. By that time about 142 NBFCs through CPI-M party entered in the state. Even after framing the rules till 2013 there was no action against any such organisation, Roy Barman added.
He further stated that Congress party has collected record of 117 cases of 24 NBFCs in the state who did not return the money after maturity. However, all the cases were registered with police but no action against any one. Rather, the administration helped them to wind-up business and leaves the state. The legislators of Congress also met Governor P B Acharya with full details demanding his recommendation for arresting Manik Sarkar and his ministers by CBI.
They also seek appointment of Prime Minister Narendra Modi to press for their demand. We shall seek PM’s intervention in NBFC cases. We shall submit him the details how CPI-M party was funded by those companies over the year. We shall also hold demonstration in Delhi for the demand, Roy Barman added.