Ummid Assistant

Taj Group to train underprivileged rural youth in Maharashtra

Robotics competition for Andhra school students

Welcome Guest! You are here: Home Business & Economy

Protests against Saradha Group in Assam, several offices ransacked

Tuesday April 23, 2013 08:41:34 PM, IANS

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.



 

 


 





 

Home | Top of the Page

Comments

Note: By posting your comments here you agree to the terms and conditions of www.ummid.com

Comments powered by DISQUS

i

More Headlines

Hyderabad woman ends life after tiff over TV remote

Hamas welcomes Erdogan's resolve to go ahead with Gaza visit

Subsidised foodgrain: SC disallows discrimination

Andhra legislator's daughter alleges 'house arrest' for four years

Malaysian leader apologises to Indians

Chinese 'Be Safe' condoms found unsafe in Ghana

Poorest unable to exercise rights fully under NREGA, says CAG

Court orders Musharraf be probed in Bhutto's murder

Tripura, Meghalaya to ban gutka, pan masala

Pakistan court releases list of journalists paid secretly

The Tea-house project: Kolkata's Chinatown set for revival

 

Top Stories

Parliament Session

Lok Sabha adjourned for day over 'quit PM' demands

The Lok Sabha was Tuesday adjourned for the day amid noisy demands by the Bharatiya Janata Party (BJP) for Prime Minister Manmohan  

Parliament disruptions: A negation of democracy?

Concern over child's rape, 2G and coal stall parliament

Live telecast may be suspended if Rajya Sabha disrupted: Ansari

UPA counts numbers ahead of parliament session

 

  Most Read

Dictator in Trouble

Court orders Musharraf be probed in Bhutto's murder

A Pakistani anti-terrorism court, conducting the trial of suspects charged with involvement in the 2007 assassination of former prime minister Benazir Bhutto  

Expensive Deal

Attending marriage to cost Rs.50K to Aurangabad arms haul case accused

A designated Maharashtra Control of Organised Crime Act (MCOCA) court Monday allowed Mohammed Muzaffar Mohammed Tanver, one of the

Aurangabad arms haul case accused allowed to attend sister's wedding

 

  News Pick

Terrorism in India: Introspect before things go out of hand

The nation and its hyperactive media, on the prowl for breaking stories round the clock, wasted no time in apportioning blame. Indian Mujahideen (IM), a locally bred anti-national force, many of whose members 

A Kerala family may come into $900mn Saudi bonanza

The state government is urging the centre to intervene to ensure the transfer of the money, amounting, in the 1950s, to 1.4 million Saudi riyals (one riyal today is equal to Rs.14.40), which has been lying in the Saudi treasury  

Nutrient from urine, anti-bacterial clothes: Innovations from IIT-Delhi

A process to recover nutrients from human urine and an antibacterial shirt to keep the body fresh in sweltering heat are some of the innovative solutions offered to the industry by

US Ignored

Turkish PM Erdogan to visit Gaza despite US request for delay

Turkish Prime Minister Recep Tayyip Erdogan insists on visiting Gaza following his trip to the US despite US request for a delay, reported Xinhua Monday citing local media.  

 

Picture of the Day

A view of the newly Commissioned Indian Coast Guard Ship H-191, in Mumbai Harbour on April 09, 2013.

 

Recommend the story to your friends

 

 
 
 
 
 
 
 
 

RSS  |  Contact us

 

| Quick links

News

 

Subscribe to

Ummid Assistant

 

National

Science & Technology

RSS

Scholarships

About us

International

Health

Twitter

Government Schemes

Feedback

Regional

History

Facebook

Education

Register

Politics

Opinion

Newsletter

Contact us

Business

The Funny Side

Education & Career

 

 

Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange

Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

2012 Awaz Multimedia & Publications. All rights reserved.