C Times, 28th June 2017, Agartala
In a major set back the Over Seas Mansion Hotel located at Sakuntala market was seized Kolkata CBI officials following an order of Kolkata High Court pertaining to case no. 533 of 2015.
The overseas mansion hotel was a unit of the “Response Group” which was a chit fund organisation. Several Non-banking financial companies and chit fund companies were banned by the high court following their involvement in various scams and response unit was one such company.
Surprisingly the response unit run hotel overseas mansion was doing business in the heart of the city under the shelter of the state govt. Customers did not know of the hotel’s connection with response group because it operated with a valid license issued the AMC.
How come the state govt. continued to renew the license of the hotel remains a mystery, said one of the regular customers of the hotel.
It can be mentioned here that recently the CBI sent a notice to Minister for Social Welfare & Social Education, Welfare of OBC and Science, Technology and Environment Bijita Nath, for interrogation in connection with the Rose Valley scam. The notice was issued by CBI inspector Bratim Ghoshal under Section 160 CrPC (any police officer can call a person for interrogation in connection with a case).
“It appears that you are acquainted with the circumstances of case number 39(S)/2014 registered against the chairman of the Rose Valley Limited and you are required to make yourself available on June 29”, the notice said.
Tripura government had raided the offices of many chit fund groups last year and confiscated movable and immovable properties of the Rose Valley group from 20 places in different parts of the state.
The Tripura High Court last year issued an order to the state government to set up a Special Investigation Team to investigate the financial corruptions of chit fund groups and Non-Banking Financial Companies (NBFC).
Inspector General of Police (Law and Order) who is heading the SIT said, the team was probing 78 cases of 48 NBFCs in the state.
Leaders of the opposition party said that the rose valley scam in Tripura flourished under the encouragement and shelter of Chief Minister Manik Sarkar. He influenced the 14 lakh people (those were cheated by the company) to invest in the company as he was frequently seen inaugurating rose valley functions and offices.