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Gogoi for speedy trial of cases

Guwahati, May 9: The Assam government will urge Gauhati High Court to set up fast-track courts for speedy trial of cases against deposit-collecting companies in the state.

This was announced by chief minister Tarun Gogoi here today, while welcoming the Supreme Court order for a CBI probe into the multi-crore Saradha scam in Bengal, Assam and other states.

“The state government would request Gauhati High Court to set up fast-track courts for quick disposal of the forgery cases filed against deposit-collecting companies in the state,” he said.

There are 168 such companies in the state and the Assam police are investigating the cases registered against them, which is also being monitored by Gauhati High Court.

“It (Supreme Court order) would go a long way in speeding up the investigation of long-pending cases and in giving much-needed respite to the duped investors,” Gogoi said.

Saradha Realty, the flagship company of Saradha Group, had allegedly collected crores of rupees from small investors in Assam but could not return the maturity value and closed down its offices without paying salaries to its employees.

A total of 346 cases were registered by the Assam police in connection with alleged fraud committed by the deposit-collecting companies in the state.

The deposit-collecting companies, which were chargesheeted by the Bureau of Investigation (Economic Offence) of Assam police, are Jeevan Suraksha Group of Companies, Rangdhali Real Estate Construction and Developers Ltd., Jeevan Suraksha Real Estate (P) Ltd, Alliance Vision, Ashirbad Marketing Self Help Group, Krystal Technoed India Ltd and Idol India Group of Companies.