GUWAHATI, March 19 � The Guwahati Senior Citizens Association, in its meeting held on Sunday, expressed serious concern at the growing number of financial crimes in the State, with scores of fictitious financial companies swindling the innocent people of crores of rupees under the pretext of giving bountiful benefits to the investors in recent years.
The association, in its meeting held under the presidentship of DN Chakravartty, suggested that the Department of Economics and Statistics should be strengthened and expanded, and entrusted with the task of certifying financial institution � both of the State and outside � to operate within the territory of Assam. The association also urged the State Government to evolve some mechanism to arrest the growth of fake academic institutions.
Tabiul Hussain, member in charge of administration and coordination, read out the proceedings of the last meeting. Khanindra Chandra Das, Dr Minoti Hazarika, Dr Malati Baruah and PK Mahanta read out their monthly reports.
The special issue of the association�s quarterly journal was also released by Kamaleswar Bora, former Vice Chancellor. Bora, in his speech, dwelt on the role of the elderly people throughout the world and referred to the romantic history of America where warring nations of Europe made a fusion of one American nation through acceptance of the English language.