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CBI nightmare haunts Manik Sarkar : All Rose Valley properties seized in Tripura after 8 years of the ponzi scam !
TIWN Jan 21, 2017
CBI nightmare haunts Manik Sarkar : All Rose Valley properties seized in Tripura after 8 years of the ponzi scam !
PHOTO : Rose Valley property seized at Sadar. TIWN Pic Jan 21

AGARTALA, Jan 21 (TIWN): When Tripura Government was allowing a fully tax free business to Rose Valley group of Agency in Tripura, even after multiple objections and criticisms but all of a sudden with the pressure of oppositions and the continuous CBI inquiry threat has compelled the State Govt to take some minimum action against the Rose Valley. On Saturday the Rose Valley building which is standing beside Rabindra Bhawan was seized. Reportedly, the Sadar administration led by DCM Debashish Das had seized all the properties under Sadar on Saturday. Along with that Malabati Tea garden 207 Ekar, Bordowali Flat, Rose Valley Park all were seized all of a sudden. Although the Administration tried to hide the activity from media, but it was disclosed by secret sources. But what is surprising is that the Securities and Exchange Board of India (SEBI) had prohibited the sale of real estate by Rose Valley in January 2011 and the Tripura Govt un-following all those prohibitions year after years was doing the renewal of Rose Valley building. Either the Municipality of Agartala or Dharmanagar, every places were sheltering the Rose Valley even after 2011’s Rose Valley Tsumani came in allover India.

In addition, all the 2,600 bank accounts of the company, which together hold cash balances of Rs 800-1,000 crore, had been frozen by the government. However, among the 3 hit listed states along with Orissa and Assam, Tripura’s name was also declared by Supreme Court in 2013, but no action was taken against it.  Moreover, in 2012 from the office of the Nagar Panchayat ot Municipality at Dharmanagar with Rs. 3000/- license was given to Rose Valley Marketing India Lmt. with the validity upto 2013.

But all of a sudden the Rose Valley’s building has been locked by Tripura Govt. after Congress, TMC had kicked off various protests claiming that CPI-M Ministers, including the Chief Minister himself was involved in Tripura Rose Valley scam. Not only this the political representatives also unmasked the Tripura Govt how it sent a wrong report to New Delhi, just to avoid CBI inquiry in Rose Valley.

Not only this, at West Bengal Barasat the Rose Valley Entertainment Park was fully seized but at Agartala Amtali the park is making a Tax-Free business. But the state govt till day didn’t show any interest to conduct CBI inquiry against Rose Valley, whereas only a letter from the Chief Minister Office was enough to call for direct CBI inquiry against Rose Valley.

 The Rose Valley park which has been seized,   among them 100 Kani 33.14 is demensed land, the rest 17.5 kani is of tribals, which were taken without giving any compensation to them and ‘Khas’ always means for the government. 34 % land under Rose Valley entertainment park  are of Govt & local tribals, but the park is doing Tax-Free business there. Moreover, nobody knows who is the real owner of the Park. More than 6 lakhs of tax relaxation was given to Rose Valley in last financial year.

Recently on January 5 CID Tripura also had called for the customers documents for survey and after 5 / 6 years of the scam at last the properties have been seized, which has raised further questions on Manik Sarkar’s clean image. However, no reporter was informed about the action, but it was fussed among media and in appropriate time, TIWN Journalists, Photographers reached at the heat of the moment.

 

 

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