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Tripura to sell NBFC, chit fund properties to pay investors

By The Assam Tribune
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AGARTALA, Sept 2 - Tripura Chief Minister Biplab Kumar Deb said on Monday that the government will sell the properties of Non-Banking Financial Companies (NBFC) and chit funds after the disposal of cases against them and distribute the money among investors who had been deceived by the companies.

The BJP had pledged that investigations against chit funds and NBFCs would be initiated and 83 cases have been registered after the BJP-IPFT government came to power in the state, he told the Assembly.

�After disposal of the cases our government will sell the properties, including lands and buildings and the money from it will be distributed among the poor who were deceived by the NBFC and chit fund companies,� Deb told the Assembly.

The rest 78 cases are being investigated by the special investigation team. Four of them have been clubbed with similar ones and the number of cases now stood at 74. � PTI

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Tripura to sell NBFC, chit fund properties to pay investors

AGARTALA, Sept 2 - Tripura Chief Minister Biplab Kumar Deb said on Monday that the government will sell the properties of Non-Banking Financial Companies (NBFC) and chit funds after the disposal of cases against them and distribute the money among investors who had been deceived by the companies.

The BJP had pledged that investigations against chit funds and NBFCs would be initiated and 83 cases have been registered after the BJP-IPFT government came to power in the state, he told the Assembly.

�After disposal of the cases our government will sell the properties, including lands and buildings and the money from it will be distributed among the poor who were deceived by the NBFC and chit fund companies,� Deb told the Assembly.

The rest 78 cases are being investigated by the special investigation team. Four of them have been clubbed with similar ones and the number of cases now stood at 74. � PTI

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