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Protests against Saradha Group in Assam,
several offices ransacked
Tuesday April 23, 2013 08:41:34 PM,
IANS
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Guwahati: After West
Bengal, duped investors of the Saradha Group in Assam came out on
to the streets in protest Tuesday, leading the administration to
seal several offices of the company after mobs broke in and
ransacked them.
The protests started in Guwahati, Mangaldai and Dhubri towns of
Assam, where several investors and agents took to the streets and
held sit-ins in front of the offices of the Saradha Reality
Limited.
No company officials were, however, present in any of the offices
which were found locked. Irate mobs broke in and vandalised some
properties in different offices, while the company's agents, who
had been facing the heat from the investors, ransacked the group's
realty and agro industry in Guwahati and a biscuit factory in
Dhubri.
While some of the investors were yet to get the payments from the
company, some of them were given cheques by the company but these
bounced when deposited in banks.
The employees of the group's English daily "Seven Sisters Post"
and Bengali daily "Sakalbela" also complained that they had not
been paid salaries for the past three months.
Landlords of premises where the group's various offices were
located in Zoo Road, Lal Ganesh and other areas here also alleged
that they were also not paid rent before the newspapers closed
down in March-April.
A senior Assam Police official said there were several cases
registered against the Saradha Group in different locations of the
state and that police are investigating them. "Based on the
complaints, we have also been raiding the offices of the Group and
sealing those," the official said.
Although no one could ascertain the volume of money the group
collected from the state, it is supposed to be several thousand
crores of rupees. The group had several offices in each of the
towns and districts in Assam and thousands of agents to collect
the daily, monthly or annual investments from the investors.
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