Bhubaneswar, Dec 3 :
The Odisha government has passed orders for the attachment of both movable and immovable properties of the chit fund company Saradha Group which operated out of Kolkata which has cheated depositors to the tune of around Rs 20,000 crore, official sources said today.
The government order issued by the Finance department on November 30 has ordered the attachment of 13.64 acres of land at Srikona near Baleswar and a petty amount of Rs 2740 deposited with the local IDBI Bank branch under powers vested on it under section 3 of Orissa Protection of Interests of Depositors (in Financial Establishments) Act 2011 ( Odisha Act 21 of 2013).
The annexure attached to order shows a total of nine plots of land amounting to 13.64 acre were bought by Sudipta Sen and Debika Dasgupta on behalf of M/s Saradha Realty Private Ltd in Srikona Mouza in Baleswar.
The order said these properties were allegedly procured from and out of the deposits collected by the chit fund group.
Justifying the propery attachment move, the order said, “The government on going through the contents of teh complaints and facts revealed in course of due inquiry/investigation and on the basis of the records availaable is prima facie satisfied that in many cases, Financial Establishments have defaulted to return the deposits as promised after maturity and in many cases, has defaulted in payment of interest on deposits even after due date and has also failed to honour the promsies of services for which deposits have been made.”
The order further said the control over the attached property has been passed on to the additional district magistrate (ADM), Baleswar who would in turn approach the appropriate court seeking an order to put it to public auction.
Sources in the Economic Offences Wing of the state Crime Branch told OST the kingpins of the Saradha Group will be subjected to interrogation in connection with offences committed by them and their group in Odisha after following due process of law.
Sastra Enterprises Next Target
Meanwhile, the Economic Offences Wing (EOW) of the Crime Branch (CB) on Tuesday sought permission from the state government to attach properties of another chit fund company, Sastra Enterprises Private Limited, which has also allegedly duped lakhs of depositors in the state after luring them with promises of high returns on their investments.
“We have requested the state government to issue an interim attachment order under the newly-enacted Odisha Protection of Interests of Depositors (In Financial Establishments) Act so that properties of the Sastra Enterprises Private Limited can be liquidated after its annulment and returned to the duped investors”, said a Crime Branch official.
Sources said the EOW has submitted several files pertaining to the Sastra Group in connection with the multi-crore chit fund scam to the state finance department.
It may be noted that the Chennai-based deposit collection company Sastra Enterprises Private Limited, through its real estate firm here, had duped investors in the state to the tune of Rs 15- Rs 20 crore. Its managing director V. Sampath was arrested in May 2013 and is currently lodged in jail.