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Tripura government starts confiscating Rose Valley assets

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Manik-Sarkar_Agartala: The Tripura government on Saturday began confiscation of movable and immovable properties of Rose Valley chit fund organisation, an official said.”The Principal Secretary (Finance) M. Nagaraju on Friday issued a notification to attach all the movable and immovable assets of Rose Valley in more than 20 places across the states,” a Finance Department official said.He said the notification asked all district and sub-divisional magistrates of eight districts to take necessary action to confiscate the properties.

“The DMs and SDMs on Saturday started confiscation of the Rose Valley assets as per provisions of ‘Protection of depositors rights’ act passed in the state assembly earlier,” the official said.The Rose Valley chit fund which launched its business in Tripura many years back is still enjoying rights over at least twenty movable and immovable properties in the state.Sadar sub-divisional magistrate Samit Roy Chowdhury said on Saturday that they have confiscated a big park, a large seven-storey building, a tea garden, nine flats, a large number of LIC policies and empty land.

The properties belong to Rose Valley under the banners of various shady companies.The chit fund is now under the scanner of the Enforcement Directorate and the Central Bureau of Investigation and its sole proprietor Gautam Kundu was arrested in Kolkata in 2015.The official said the state government through the DMs and SDMs has seized movable and immovable properties of many chit fund organisations in Tripura.The Tripura High Court last year asked the state government to set up a Special Investigation Team (SIT) to probe illegal Non Banking Financial Companies (NBFCs) and chit fund organisations.

Meanwhile, SIT head and Tripura’s Inspector General of Police (Law and Order) K. V. Sreejesh said the SIT was probing 78 cases involving 48 NBFCs and chit fund organisations and had arrested 112 persons.”We have seized bank accounts and attached properties of most of these organisations. We will soon complete our probe,” the officer added.In 2013, the Tripura government had referred 37 cases relating to chit fund companies and NBFCs to the CBI. The central probe agency, however, took up only five cases.

 

 

 

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What monkey fled with a bag containing evidence in it: Read full story

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The court, generally, considers a person who commit a crime and the one who destroys the evidence, as criminals in the eyes of law. But what if an animal destroys the evidence of a crime committed by a human.

In a peculiar incident in Rajasthan, a monkey fled away with the evidence collected by the police in a murder case. The stolen evidence included the murder weapon (a blood-stained knife).

The incident came to light when the police appeared before the court and they had to provide the evidence in the hearing.

The hearing was about the crime which took place in September 2016, in which a person named Shashikant Sharma died at a primary health center under Chandwaji police station. After the body was found, the deceased’s relatives blocked the Jaipur-Delhi highway, demanding an inquiry into the matter.

Following the investigation, the police had arrested Rahul Kandera and Mohanlal Kandera, residents of Chandwaji in relation to the murder. But, when the time came to produce the evidence related to the case, it was found that the police had no evidence with them because a monkey had stolen it from them.

In the court, the police said that the knife, which was the primary evidence, was also taken by the monkey. The cops informed that the evidence of the case was kept in a bag, which was being taken to the court.

The evidence bag contained the knife and 15 other important evidences. However, due to the lack of space in the malkhana, a bag full of evidence was kept under a tree, which led to the incident.

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