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Former Saradha employees want compensation

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GUWAHATI, Aug 31 � The All Assam Media Employees Federation (AAMEF) on Saturday reiterated its demand for adequate compensation to the media employees who used to work for the newspaper and news channels owned or sponsored by the Kolkata-based Saradha group of companies.

Welcoming the latest initiative taken by the Central Bureau of Investigation (CBI), following the direction of the Supreme Court of India, the AAMEF expressed the hope that the investigative agency will be successful in unearthing the truth behind the multi-crore Saradha financial scam.

The media employees� body revealed that over 1,500 media employees were directly engaged with the Saradha owned and sponsored media outlets in eastern India and all of them lost their jobs suddenly after the collapse of the group in April 2013. Most of them did not receive their due salaries for two to three months at the time of closing of their respective media outlets.

The journalists� body anticipated that the CBI probe will bring the entire issue of financial irregularities relating to the non-banking financial companies to a logical end and be successful in recovering the properties of the said group for compensating the investors.

The federation also maintained that the recovered money deposited by millions of investors should be brought under the purview of the income tax laws.

�In Assam, over 300 media employees including journalists were working for Saradha owned Sakalbela, a Bengali daily and Seven Sisters� Post, an English daily. When both the newspapers were shut down following the arrest of Saradha chief Sudipta Sen, the employees were waiting for at least two months� cumulative salaries. They are still to get their dues with compensation,� said a statement issued by AAMEF president Hiten Mahanta.

Saradha group also initially sponsored a Guwahati-based satellite news channel named Frontier TV, which stopped beaming programmes days back and was lately sealed by the CBI officials for investigative purposes.

The AAMEF pointed out that most of the employees of Frontier TV were also not paid their salaries in full. Finally, the AAMEF emphasised on proper awareness among the common people about the non-banking financial groups operating in the country and urged the journalist fraternity of Assam to report about such serious issue, with utmost honesty and sincerity.

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Former Saradha employees want compensation

GUWAHATI, Aug 31 � The All Assam Media Employees Federation (AAMEF) on Saturday reiterated its demand for adequate compensation to the media employees who used to work for the newspaper and news channels owned or sponsored by the Kolkata-based Saradha group of companies.

Welcoming the latest initiative taken by the Central Bureau of Investigation (CBI), following the direction of the Supreme Court of India, the AAMEF expressed the hope that the investigative agency will be successful in unearthing the truth behind the multi-crore Saradha financial scam.

The media employees� body revealed that over 1,500 media employees were directly engaged with the Saradha owned and sponsored media outlets in eastern India and all of them lost their jobs suddenly after the collapse of the group in April 2013. Most of them did not receive their due salaries for two to three months at the time of closing of their respective media outlets.

The journalists� body anticipated that the CBI probe will bring the entire issue of financial irregularities relating to the non-banking financial companies to a logical end and be successful in recovering the properties of the said group for compensating the investors.

The federation also maintained that the recovered money deposited by millions of investors should be brought under the purview of the income tax laws.

�In Assam, over 300 media employees including journalists were working for Saradha owned Sakalbela, a Bengali daily and Seven Sisters� Post, an English daily. When both the newspapers were shut down following the arrest of Saradha chief Sudipta Sen, the employees were waiting for at least two months� cumulative salaries. They are still to get their dues with compensation,� said a statement issued by AAMEF president Hiten Mahanta.

Saradha group also initially sponsored a Guwahati-based satellite news channel named Frontier TV, which stopped beaming programmes days back and was lately sealed by the CBI officials for investigative purposes.

The AAMEF pointed out that most of the employees of Frontier TV were also not paid their salaries in full. Finally, the AAMEF emphasised on proper awareness among the common people about the non-banking financial groups operating in the country and urged the journalist fraternity of Assam to report about such serious issue, with utmost honesty and sincerity.

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