Calcutta, Sept. 19: Mamata Banerjee today said at a rally in Burdwan that the state government was trying to compensate before the Pujas one lakh poor investors who lost money after the Saradha Group went bust.
“We are trying to help the poor people who lost their money by investing in the chit fund company that I do not want to name. We have already set up a commission and a Rs 500-crore relief fund. We are waiting for the (Shyamal Sen) commission’s recommendations. There is a high court directive also,” Mamata said at the rally in Panagarh this afternoon.
“If the commission gives its recommendations soon, we will like to compensate one lakh investors before the Pujas. We cannot help everyone or reimburse every penny. But we will try to help the poor investors who have lost their life’s savings in the process,” the chief minister added.
Sources wondered if the target was feasible.
Senior finance department officials said they had started receiving from the Justice Shyamal Sen Commission names of investors who could be compensated.
“The commission has so far recommended the names of around 1,000 investors after verifying their papers,” a senior Writers’ official said.
Officials said around 700 of these investors had deposited less than Rs 10,000 in Saradha. Around 300 people had deposited less than Rs 1,000. The deposits of the 1,000 people were supposed to mature by March 2013, officials said.
“The list of 1,000 people has been drawn up after verification of their claims. Preparing a list of another 99,000 depositors before the Pujas will be an uphill task for the commission,” an official said.
The compensation cheques will be given through the commission.