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

Media workshop on 'Tracking MPs amd MLAs'

12 Sep 2008 - 9:39pm | Nava Thakuria
A media workshop titled 'Tracking the activities of MPs and MLAs' has been organized at Guwahati Press Club on September 16, 2008. Organized by PRS Legislative Research, a New Delhi based NGO, in...

Escalation of man-nature conflict

18 Feb 2012 - 1:04am | Monali Kakoty
Straying of leopards in the crowded streets of Guwahati have become a far too often affair. The man-animal conflict is taking a toll, thus ringing a knell. There was a time when the most ardent...

Agriculture minister stress on farm mechanization

11 Jun 2009 - 7:05am | Mowsam Hazarika
Pramila Rani Brahma, Agriculture Minister, Assam has given stress upon farm mechanization in the state to ensure double cropping and to attract new generation towards agricultural sector. In this...