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Former Assam chief minister’s son gets bail in bank fraud case

Ashok Saikia was arrested from his residence in Guwahati. His family said the case pertains to a 9.37 lakh loan that Saikia had taken from the Assam State Cooperative & Rural Development Bank in 1996

Published on: Nov 8, 2021, 16:37:57 IST
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A special court on Monday granted bail to late former Assam chief minister Hiteswar Saikia’s son, Ashok Saikia, who was arrested a day earlier in connection with an alleged bank fraud case.

Former Assam CM Hiteswar Saikia's son Ashok Saikia being produced before a court for an alleged bank loan default case, in Guwahati on Monday. (PTI)
Former Assam CM Hiteswar Saikia's son Ashok Saikia being produced before a court for an alleged bank loan default case, in Guwahati on Monday. (PTI)

“The bail was granted by the court of a special magistrate (Central Bureau of Investigation) following our plea that my brother should not have been arrested. The exact details and conditions are not available yet,” said Ashok Saikia’s brother, Debabrata Saikia, the leader of opposition in the Assam assembly.

Ashok Saikia was arrested from his residence in Guwahati. His family said the case pertains to a 9.37 lakh loan that Ashok Saikia had taken from the Assam State Cooperative And Rural Development Bank in 1996.

The bank registered a case against Saikia in 1998 for non-repayment. The case was later transferred to the Central Bureau of Investigation’s Kolkata office the same year.

In his bail plea, Ashok Sakia said in 2015, the dues were settled.

The Congress blamed the ruling Bharatiya Janata Party-led government for foisting fake and fabricated cases. “Despite Saikia clearing all pending dues with the bank in 2015, he was arrested on Sunday. This is a clear indication of the government using the country’s top investigating agency to further its political ends. They are doing this because of Debabrata Saikia’s refusal to switch over to BJP despite inducements and threats,” said state Congress chief Bhupen Kumar Borah.

  • Utpal Parashar
    ABOUT THE AUTHOR
    Utpal Parashar

    A seasoned senior journalist, I have nearly three decades of experience across print, digital, and online platforms, covering political transitions, insurgencies, environmental issues, and development stories in India and Nepal. I am skilled in breaking news, leading editorial teams and launch of newspaper editions. I am adept at leveraging digital trends and social media to expand global reach, with a strong ethical foundation and a reputation for impactful journalism. An alumnus of Asian College of Journalism, I joined Hindustan Times in New Delhi as a trainee reporter in May 1997. Over the years, I have been posted in Dehradun, Kathmandu (Nepal) and Guwahati. Currently, as Senior Assistant Editor at Hindustan Times, I lead a team reporting on India’s northeastern states. My work involves in-depth analysis, and engaging multimedia storytelling across formats, including text, photo, video, and interactive content. I am skilled in producing timely, shareable content, leveraging digital platforms and social media to engage global audiences. Throughout my career with the Hindustan Times, I have led diverse editorial teams, designed capacity-building activities, and supported reporters in developing strong story ideas, ethical reporting practices, digital skills, and fact-checking techniques. As Senior Assistant Editor for Northeast India, I have been responsible for guiding correspondents through complex political, humanitarian, and community-level stories using multimedia formats. Earlier, as Foreign Correspondent in Nepal, I produced extensive reporting during Nepal’s democratic transition and the 2015 earthquake and its aftermath.Read More

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