AGARTALA, Jan 17 (TIWN): Tripura Opposition MLA Ratan lal Nath claimed that after the BJP comes in power first action will be taken against the chit fund scamsters is to find out who distributed the trade licenses to Chit Fund groups. Before that the cases will be handed over to CBI. 'After BJP makes a Govt here, first of all BJP will handover the chit fund cases to CBI for proper investigation through which the culprits will be come out and then the properties of the culprits to be seized. With the seized properties the depositors' moneys will be returned back. However, accepting fact that the Chit Fund related proves must have been damaged after long years of gap without CBI investigation Ratan Nath added that employees who gave the chit fund companies trade licenses it will be found out and then when the employees will be interrogated, big heads will come out'.

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.

Earlier RBI held press meet asking Tripura Govt has failed to submit action taken reports on Non Banking Financial Companies in 2013, even though for name sake the Govt filed cases and raided 40 compnaies.

Based on the suspicious role of the state govt opposition Congress, BJP, TMC raised many questions in CM and Rose Valley's nexus.

Some questions raised as : 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 ?