Default assault on firm boss

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  • Published 17.05.13

Durgapur, May 16: Depositors and agents of a funds-mobilising company in Durgapur today assaulted the owner, who had gone into hiding after closing down his offices in February, and handed him over to police.

Uttam Das, the owner of Satyaseva Reacon Ltd, had been staying in a rented flat in the Durgapur Steel Plant quarters, about 8km from his home, with his family for the past few months.

Depositors and agents said Das, 37, had defaulted on paying maturity of around Rs 50 lakh.

Several police complaints had been lodged against him in the past few months.

The police said Das used to invest depositors’ money in ventures such as fisheries, poultry and food products.


The managing director of a deposit-mobilising company died after apparently consuming poison near his home in Hooghly’s Mogra today.

The police said no complaint of default had been lodged against Asim Bera, 56, the owner of Amco.

Amco had offices in Hooghly, Malda, Murshidabad and the two Midnapores.

A 36-year-old agent of a deposit-mobilising firm in Jalpaiguri was found hanging from the ceiling of his in-laws’ home last evening.

The police said Atanu Ghosh had been hounded by depositors who were demanding their principal amount back after Saradha went bust.

Agent ‘kidnap’

An agent of a money-mobilising company in Hooghly was allegedly abducted in Malda on May 11, with his brother claiming that he had received a ransom call for Rs 1 crore.

Sources said Abdul Bari, 42, had been working as an agent of the Arambagh-based PIYS Agro-industries Private Limited for the past two years and had collected over Rs 1 crore from depositors in Malda.

Surjya barb

Leader of the Opposition Surjya Kanta Mishra today alleged that the affidavit filed by Saradha owner Sudipta Sen in Calcutta High Court yesterday and the letter he purportedly sent to the CBI before his arrest were written at the behest of the Trinamul leadership.

“We find that the Saradha owner has filed an affidavit in court that says Trinamul had nothing to do with his company’s activities. Earlier, he had sent a letter to the CBI. Actually, he had done so on the instructions of the Trinamul leadership and two Trinamul MPs, who held a meeting with him on April 5 to decide on a long-term strategy when the Saradha Group was about to collapse,” Mishra said.

Investor fury

Five policemen were injured and at least four cars, including two police jeeps, were damaged after investors of a deposit-mobilising company beat up some agents and attacked policemen in Doltala on the northern fringes of Calcutta.

The agents of the Ramel Group had come to the site of a building that was being constructed by a company with which they were attached.

The agents, who were on the run after being hounded by depositors wanting their principal back, were attacked by investors who said they would not allow construction work to progress unless they were refunded.

When a police team came to the rescue of the agents, the law-enforcers were pelted with stones by the depositors.

Five policemen suffered injuries.