Safeguard depositors' interests, CPI-M tells Mamata

Image
IANS Kolkata
Last Updated : Apr 23 2013 | 11:05 PM IST

Kolkata, April 23 (IANS) The Communist Party of India-Marxist (CPI-M) Tuesday said that whatever the West Bengal government has done so far in the chit fund mess was "not sufficient" and asked for an assurance that the interests of the depositors will be safeguarded.

"The measures that Chief Minster Mamata Banerjee has announced is not sufficient. The foremost step that should be taken now is that the property of the group be confiscated, move to the court and pay the depositors from there under the existing laws," said Leader of Opposition Surjya Kant Mishra here.

Mishra also said that union Corporate Affairs Minister Sachin Pilot had provided, to parliament, a list of 73 companies indulged in 'Ponzi' schemes and demanded action against them.

"Since the central minister have given this list, it is necessary to take actions against them. It is possible to be alert so that they don't flee or indulge in illegal transfer of funds. And the depositors don't have to face this situation," said Mishra.

In the wake of the arrests of Saradha Group promoter Sudipta Sen and two hisassociates, Mishra also urged they be kept secure.

Sen and his his aides - Debjani Mukherjee and Arvind Singh Chauhan were arrested Tuesday from Sonmarg in Jammu and Kashmir.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 23 2013 | 10:52 PM IST

Next Story