Skip to content Skip 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.

Add new comment

Assamese Translator

Assam Times seeks English to Assamese translators!
Join our volunteer team.
Email editor@assamtimes.org.

Random Stories

Terrorism affects education in NE: Sibal

11 Feb 2012 - 3:23am | editor
Union Human Resource Development Minister Kapil Sibal said that around 16 million children do not attend schools in the country. Addressing the convocation ceremony of Tezpur Central University...

JFA appreciates Guwahati media house for wage enhancement

13 Jul 2017 - 10:13am | AT News Guwahati
Journalists’ Forum Assam (JFA) appreciated the management of Niyomiya Barta (www.niyomiyabarta.org) for announcing Majithia wage board benefits to its employees including journalists. The media forum...

College alumni meet in Ziro

12 Oct 2015 - 8:46pm | AT News
Saint Claret College in Ziro is celebrating the second Alumni Meet (SCAN – Saint Claret Alumni Network) on October 17 along with Gastronomia Food ‘NFun Fest and Claretian Universal Mission Day. ...

Imphal Firing, 95: lifer for 4 CRPF jawans

17 Mar 2008 - 6:31pm | editor
A Kamrup district session court on Monday sentenced life imprisonment for four CRPF jawans chargesheeted by CBI in the Imphal firing case where nine people were killed in 1995. Also they are fined Rs...

Other Contents by Author

At a time when Globalization and westernization is threatening the very socio-culture of every tradition specially the small ethnic tribes, it has become utmost important to introduce culture in whatever way it can be and whenever, wherever it is possible. Shillong has always been a favorite tourist destination for tourists, no doubt that every tourist falls in love with the scenic beauty of the “Scotland of the east”, but perhaps not many desired tourist had got the chance to step into the shoes of the Khasi Tradition or to show a short of respect to the Place and the people during their short visit. But now even for a short time visitor one can take back beautiful...
Love for the game of football in the entire North East India is not new, people in Assam also love football and had produced good players in the past. However female participation in the game and achieving accolade is not that have been seen too often. The reason expert says is lack of good coaching facilities, sponsors problem from both private and the government and thus not too many tournaments for the girls for exposure. Cycling and walking through long dusty roads from different villages in greater Rani area, school girls gather in the Rani High school field with dreams in their eyes, a dream to play good football, a game that is not alien to them. However no tournaments or...
Christmas was literally over but Santa Claus had kept a special gift for the people of Assam and the gift came through Assam’s Chief Minister Tarun Gogoi,s Government. A new year’s gift and a belated gift of Christmas, yes I mean to say about the great timing of Arabinda Rajkhowa's release on 1st January 2011. The New Year’s messages is loud and clear to the people of Assam, Help the congress getting absolute majority in the forth coming Assam Assembly election, a far more better result than the recently concluded Bihar election. That is all about what Politics is and the people in general are always made to live in Political illusion. The moon is always beautiful but there is also the...
Taking a stroll around the village of Sijubari No.1, in Kamrup district of Boko, would remind few lines of Poet Robert Frost, "Whose woods these are I think I know. His house is in the village, though; He will not see me stopping here To watch his woods fill up with snow." The mesmerizing forest cover of Sijubari village however misses the snow only, but the woods are lovely, deep and dark. At the very first sight of the forest one would naturally wonder as how these beautiful woods have not been affected by destruction that has deteriorated the forest scenario in the entire state of Assam. This normal forest cover engulfing the sijubari village is said to be more than 25 hectors of...
Talibans and their Law have earned a bad name through out the world of the civil society, and there is no denying their brutal attitude is as horrible as anyone can imagine. Today the synonym of Taliban is something that is extreme and inhumane and unexpectable to the civil society. So what about a section of Assamese women that is acting TALIBANS in the civilized street and bringing shame to the Assamese community as a whole. Here the reference is being made to the recent incidents of women beating up girls and women in public place and in front of camera without even paying the least respect for the women community. The incidents are of Golaghat and Tezpur some time back. All...
As the gap for holding political dialogue between the ULFA leaders and Government seems to be getting closer with the release of the jailed leaders, once again expectations are growing and people in general have started weaving dreams in the twilight. Whenever the question of ULFA is being raised a million dollar question regarding ULFA, s relevance to Assam and the Assamese society in the present context has always been raised. There are many who wants to say ULFA is no more relevant to the Greater Assamese society. Yes, this might be true only in case of Greater Assamese society but not for the “Assamese society”. For me the greater Assamese society consists of those people...
Encountering a much unexpected thing might turn our head around any moment and make us ponder over a matter at the cost loosing a good sleep and even temporarily loosing appetite. It happened to me when I had heard from some one that Akhil Gogoi, the general secretary of Krishak Mukti Sangram Samity, owns a pajero. I know its not true yet the whole episode which included the reference of Akhil Gogoi having a pajero has more to do with the emotionally blind people of Assam. It took me three long hours of a risk taking journey in a TATA “Winger”, from Goalpara to Mirza on my way to Guwahati after a news coverage to learn about the PAJERO episode. I boarded a Tata Winger...
A Great sense of ecstasy prevailed inside the Pobitara wild Life sanctuary like never before, as the local villagers and the forest guards came forward beating Drums, and cymbals to welcome ranger Mukul Tamuli to his office after he had received the ND TV’s GREENIES Award. Tamuli had received the “Green Hero” award from the President, Prativa Patil on 7th December in Delhi for his effort to keep Rhino Poachers at bay for last the five years. Pobitara Wild Life Sanctuary has the highest density of one horn Rhino population, and with more than 20 villages surrounding pobitara, Rhino’s are easily exposed to poachers, and in fact poaching did take place frequent....
The President of AGP, Chandra Mohan Patowarytoday launched the Party website - www.asomganaparishad.in - at its head office in Guwahati, with an objective to create awareness about the importance of regional Party in the political field. The launching of the website has come at the time when the forth coming Assam State Assembly election is due in the first half of next year, AGP president Chandra Mohan Patowary says that though the website might be of some help in the election for the party, the objective is not the forth coming election., rather it has more deep and serious matters are related to it. The party hopes that the website will help in creating awareness among the...
The demand for Autonomous Council is not new in the politics of Assam, but how ever what would one comment on the demand for Autonomous Muslim council by Rashul Haque , who is now in the “Congress Gharana”, after being expelled from AUDF for same demand he had raised. One can understand the political demand for a separate Bodoland demanded by the leaders of the BPF and supported by other leaders of the particular community. The demand for separate Bodoland has invited some fierce political reaction from the opposition specially because there are three cabinet ministers in the government. Though morally one can no longer support any division of the state of Assam yet there...