Advertisement

HindustanTimes Mon,14 Jul 2014

Sushil Modi lends support to Mamata

HT Correspondent , Hindustan Times  Kolkata, April 28, 2013
First Published: 18:15 IST(28/4/2013) | Last Updated: 18:17 IST(28/4/2013)

BJP leader Sushil Kumar Modi on Saturday expressed hope that chief minister Mamata Banerjee would protect investors and demanded that the Centre should intervene in chit fund irregularities.

Advertisement

When asked about the West Bengal-based chit funds operating in Bihar, Jharkhand and Orissa, the deputy chief minister of Bihar said, “Some of the chit funds are also operating in Bihar. We have a law to protect the depositors’ money, but these companies manage to find loopholes in the system.”

He added, “Only a stronger regulatory body and laws by the Centre can check the spread. SEBI, RBI, SFIO and the corporate affairs ministry are best suited to check this menace.”


Advertisement
more from Kolkata

Murdered Bengal student's family seeks CBI probe

The family of the college student, who was killed and chopped into pieces for allegedly protesting anti-social activities in West Bengal's North 24-Parganas district, Sunday demanded a CBI probe into his death, as one person was arrested but the prime suspect remained untraced.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved