India
Multi-crore trading scam: Assam Cabinet transfers 32 cases to CBI | India News – Times of India
NEW DELHI: The Assam government has decided to transfer 32 cases related to an online commerce fraud worth millions of dollars to the Central Bureau of Investigation (CBI), Chief Minister Himanta Biswa Sarma announced on Friday.
The CM said the decision was taken after consultation with Union Home Minister Amit Shah. The transfer process is expected to take around a month due to procedural requirements and till then the Assam Police will continue their investigation.
Sarma also said that future cases related to the scam will be transferred to the CBI, news agency PTI reported.
Read: Assam CM reveals how his ‘doubt’ exposed multi-crore trade fraud
Earlier, Sarma had revealed that his suspicion about a man who wanted to donate Rs 1 crore to the Prime Minister’s relief fund led to the revelation of the multi-crore scamHe stated that while his government had solved the case and arrested those involved, the case was being handled unfairly.
Sarma rejected allegations by opposition parties that his government had launched the eviction drive in Sonpur in Kamrup (Metropolitan) district to divert people’s attention from the scam. He also raised concerns over the relationship between the police and journalists as the police allowed a TV channel to interview actress Sumi Bora and her husband Tarkik Bora after they were detained in connection with the scam.
The companies involved in the scam, promoted mainly by twenty-somethings, are said to have collected hundreds of crores of rupees from people by promising huge returns on investments in the stock markets. However, these companies have started not repaying investors in the past few weeks.
So far, over 65 people have been arrested in connection with the scam and 14 SITs have been constituted to investigate the cases registered in various districts under the Banning of Unregulated Deposit Schemes Act, 2019 and the Bharatiya Nyaya Sanhita.
The CM said the decision was taken after consultation with Union Home Minister Amit Shah. The transfer process is expected to take around a month due to procedural requirements and till then the Assam Police will continue their investigation.
Sarma also said that future cases related to the scam will be transferred to the CBI, news agency PTI reported.
Read: Assam CM reveals how his ‘doubt’ exposed multi-crore trade fraud
Earlier, Sarma had revealed that his suspicion about a man who wanted to donate Rs 1 crore to the Prime Minister’s relief fund led to the revelation of the multi-crore scamHe stated that while his government had solved the case and arrested those involved, the case was being handled unfairly.
Sarma rejected allegations by opposition parties that his government had launched the eviction drive in Sonpur in Kamrup (Metropolitan) district to divert people’s attention from the scam. He also raised concerns over the relationship between the police and journalists as the police allowed a TV channel to interview actress Sumi Bora and her husband Tarkik Bora after they were detained in connection with the scam.
The companies involved in the scam, promoted mainly by twenty-somethings, are said to have collected hundreds of crores of rupees from people by promising huge returns on investments in the stock markets. However, these companies have started not repaying investors in the past few weeks.
So far, over 65 people have been arrested in connection with the scam and 14 SITs have been constituted to investigate the cases registered in various districts under the Banning of Unregulated Deposit Schemes Act, 2019 and the Bharatiya Nyaya Sanhita.
