AGARTALA, June 26 (TIWN): Explaining why CBI has come in Tripura suddenly, Tripura BJP State Observer Sunil Deodhar said, "The way CBI nabbed West Bengal Ministers, leaders it was very natural that one day it will come in Tripura too". "Bijita Nath was used for branding Rose Valley company as whole world knows in Indian women save money at home and to draw the poor women's money Bijita Nath had advertized Rose valley asking people to start savings in Rose Valley saying that the Minister is also saving her money there", said Deodhar. Raising questions for Tripura CM he said, "No 1 question is : Why Manik Sarkar gave industry land to Rose Valley ? State has not seen any industry-growth and CM has donated industry land to the Rose Valley group of agency". "2nd question is, in CPI-M regime people do not get their license for shops even after crossing a year, but within 20 days various Municipalities had given Rose Valley trade license ? Why so much sympathy for Rose Valley ? And the most important question is why Manik Sarkar inaugurated the Rose Valley park ? Like Akshay Kumar does some liquor add, Manik Sarkar also said it is 740 crore's company and thus it will be good. All these proves his active involvement in Rose Valley scam", said Deodhar.

 Tripura CPI-M’s Melarmath HQ, Party’s senior leaders Gautam Das, Chief Minister Manik Sarkar’s direct patronage benefitted Rose Valley to continue Chit Fund operations even after SEBI order blacklisting Rose Valley. Rose Valley’s owner GautamKundu’s contributions to party funds allowed Chit Fund company’s mass lootings across Tripura. Whereas after Securities and Exchange Board of India (SEBI) had prohibited the sale of real estates by Rose Valley in January 2011 and all the State governments had to followed the suit, but Tripura’s Rose Valley park and acquiring real estates ran without any hurdles due to CPI-M’s blessings. Rose Valley’s illegally constructed Agartala building escaped Manik Sarkar Govt’s scrutiny as AMC never attempted to demolish the building. As per the Agartala Municipality Council the license was given to Rose Valley Finance Corporation Limited with the license number 12622 which was renewed in 2011 by increasing the validity till 2014.

From  2000 to 2007 the State Govt has distributed the trade license to the Chit fund groups as per its wish. In the mean time, Chit-fund spread like spider-web.

However, Tripura’s another Minister Badal Chowdhury in a mass-gathering told people, not to invest their hard-earned money without judging the Company, but Chief Minister surprisingly didn’t feel anything like Minister Badal Choudhury, resulting crores of deprivations to Tripura people. Non-Banking Financial Companies (NBFC).

But, record says Manik Sarkar had attended seven programmes of NBFCs. Apart from him PabitraKar, Jiten Chowdhury, Bijita Nath all were very intimate with Rose valley authorities.