Congress calls for strike over chit fund scams

first_imgThe Congress party has called for a general strike in Tripura on May 18 citing “poor governance of the CPI(M)-led government” and “failure to detain kingpins of chit fund companies which allegedly embezzled hundreds of crores of rupees”.SIT probeThe ruling CPI(M) has opposed the decision to enforce the 12-hour bandh and made an appeal to the Congress leadership to withdraw it. In a statement, the CPI(M) said a Special Investigation Team (SIT) under the directive of the High Court was investigating the financial scams that the chit fund companies were allegedly a part of. It added that the “State government will not spare anyone involved in duping people”.CPM misruleCongress leaders on Monday, however, rejected the appeal and said the strike call was part of their political campaign against the “misrule of the CPI(M)-led government and its reluctance to launch a thorough probe against the chit fund companies”. More than 100 non-banking financial companies had operated in the State. These groups, mainly Rose Valley and Sharada, allegedly raised hundreds of crores of rupees through false promises of high interest and returns. Only a few officials of the companies have been arrested in Tripura while investigation under the Central Bureau of Investigation (CBI) and the Economic Offence Bureau made steadfast progress in in then States of West Bengal, Odisha and Assam.Six join TMCMeanwhile, the Congress has been seeing an exodus of sorts recently with members and leaders of all rank and file deserting the party. Six party MLAs left the Congress to join TMC and another resigned from the Assembly. Some former Congress leaders and workers are also appearing in the Bharatiya janata party camp. Even the Trinamool Congress is now losing leaders and supporters to the BJP, which is eyeing an overthrow of the CPI(M) in the next Assembly elections due in early 2018.last_img

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