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Kolkata's new Chit Fund Company targets rural Tripura, Bengal based NBFC manages illegal business using CPI-M MLA's name
TIWN
Kolkata's new Chit Fund Company targets rural Tripura, Bengal based NBFC manages illegal business using CPI-M MLA's name
PHOTO : TIWN

AGARTALA / KHOWAI, June 29 (TIWN): Despite Tripura Left front Government had banned fund collections by the Chit fund companies in state but another such company named as “Make Life Banijya Private Limited” at Khowai sub-division is being found engaged to chain marketing and selling foreign products in exchange of hefty fund without prior approval of the state government. “Make Life Banijya Private Limited”, a Kolkata based Non-Banking Financial Company (NBFC) found to have standing tall with its illegal business of selling foreign products like China made cell phones and Ayurvedic medicines in an open market here at Khowai sub-division., “The inaugurator of the company is Chief Whip Samir Deb Sarkar and was inaugurated on June 8, 2015” using the sign board the company managed to fraud a large number of youths of Khowai sub-division. But interestingly asked about the matter local CPI-M leader denying this said, “Samir Sarkar has not inaugurated such NBFC company here at Khowai.”It has been learnt that MLA Samir Deb Sarkar had inaugurated UCO bank branch at Khowai earlier during the year 2013 and the same banner used by the bank staffs during the inauguration programme is being used by the Kolkata based NBFC company. Surprisingly asked about licence the Chairman cum Managing Director of the NBFC company Sujan Sarkar said, “We have already go the trade licence from the state government” but reportedly the company got no approval from the state govt. here.

A serious allegation has been raised against the company which manages to continue its fraudulent activities yet today.

The sign board itself gives a clear picture of the fraudulent activities of the chit fund company because the name of the company and the year 2015 is being put erasing the writings put by the bank staffs earlier.

A section of people at Khowai Sub-division alleged that the company is engaged to chain marketing where several foreign made goods are being sold in an open marker here cheating the youths. The company is opened at Khowai Subhash Park premises.

It has also been reported that the so called CMD of the “Make Life Banijya Private Limited” alo held several meeting with some youths of the Khowai Sub-division at Khowai AR Hotel in the name of providing several foreign made products. Currently the company is busy collecting hefty fund from the youths despite the ban.

However, when the entire state was rocked by the chit fund scam this seems to have brought no learned lesson for the chit fund companies where the companies based on abroad state like Kolkata and others had managed to continue their business here in Tripura. The chit fund companies are currently targeting the rural areas of the state where they got to have hefty profit and the people are getting cheated at large.

The Left Front government in Tripura recently asked the Central Bureau of Investigation (CBI) to probe the illegal activities of the NBFCs and UIBs, which dupe people after accepting deposits on the promise of high returns. After Assam, Tripura is the second state in northeast India to request a CBI probe into the unlawful activities of the NBFCs and UIBs after a major chit fund scam was unravelled in West Bengal in April.

Tripura Chief Minister Manik Sarkar had said earlier: "The Left Front government is determined to stop the illegal operation of chit funds in the state." Despite the people are still being cheated by a section of chit fund companies here at the state which have now targeted the rural areas of the state, but the inactive role of the state administration has once again come under the limelight when a company misusing the name of the CPI-M party leader is being engaged to the illegal activities and are duping lakhs of rupees from the innocent youths, the ruing CPI-M and its left front government allegedly prompted the chit fund companies once here in the state are playing an inactive role towards keeping eye on further fraudulent activities by the chit fund companies.

The “Make Life Banijya Private Limited”, a Kolkata based Non-Banking Financial Company (NBFC) at Khowai sub-division and its illegal banner at its office has once again proved that the people of the state has not got no respite to their sufferings despite banning collecting fund in the name of hefty interests.

However, the chit fund scam here in Tripura has of course become a major challenge for the state Left front government which had failed to bring an end to it yet today. Because this time on yet another fresh scam by the “Make Life Banijya Private Limited”, a Kolkata based Non-Banking Financial Company (NBFC) at Khowai and that too using the name of the ruling CPI-M leader Samir Deb Sarkar has brought another embarrassment for the party here and has triggered a serious questions among the locals.  

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