Skip to contentSkip to navigation

No Chit Fund refund by Government: Gogoi

Chief Minister Tarun Gogogi made it clear at a press conferece in Guwhati, that no money will be refunded to those who had lost their savings in the Sardha Group or any other. “Where will the government pay the money from”, asked Gogoi. Gogoi said that a list of some companies being prepered by the government in case of frogery which will be handed to the CBI. The companies include Sardha Group, Rose Valley, Unipay 2U, Jeevan Suraksha, Alliance, Deffodil, Abis, Basil and Prayag for the timbing. However the govermnet doesn’t have any information about the amount of investment done by the people in these companies.

Gogoi reiterted that no minister or police officials will be spared if found guilty in the chit fund scam. Gogoi is under pressure by media after the name of Health and Education Minister Dr. Himanta Biswa Sharma and former DGP, Sankar Baruah's name has been named by Sudipto Sen, the CEO of Sardha Group, in his letter to the CBI. A CBI team will reach Guwahati on Tuesday for investigation into the scam.

Author info

Peter Alex Todd's picture

Journalist, musician.

Add new comment


Republish this content

Random Stories

Tchoukball player’s ready for national event

17 Dec 2018 - 11:26am | AT Kokrajhar Bureau
Kokrajhar: A practice session of the Assam state Tchoukball players is underway at Haltugaon Tinali ground in Kokrajhar district to participate in the ensuing 12th senior national Tchoukball...

Trader killer shot dead!

1 Aug 2015 - 2:23pm | AT News
A dreaded ULFA militant is believed to have been killed at an encounter with security forces in Arunachal Pradesh.The incident took place at Damko area in Changlang district along the interstate...

HC bail hearing on Akhil

14 Mar 2014 - 9:20am | AT News
Gauhati High Court is all set to hear the bail application of Akhil Gogoi who was remanded to judicial custody last week.The court fixed the date of hearing last week. But the counselor applied for...