“The branch office of Response Properties Limited was searched and documents were examined. The company is luring and collecting money from people here violating Tripura Protection of Interests of Depositors Act”, Das said. Company’s Marketing Manager- Jiban Chakraborty was present when the SDM reached the office. He asked for various documents related with money collecting activities and financial transaction records. “Some documents, register books and computers were seized”, Das added tonight. The raid was concluded at evening though agents were gathered in large numbers. “In some cases, we have found irregularities like other chit fund companies”, the SDM informed over telephone. Meanwhile, agents, depositors and onlookers assembled at the area to know the outcome. TSR was also deployed. An FIR has been lodged with West Agartala Police Station. Only yesterday Das served an interim order to five chit fund companies- Rose Valley Group, Hemangini Infrastructure Limited, Jivan Samriddhi, Basil International Limited and Pailan Group directing not to put up their properties for sale or transfer. The chit fund companies have been directed to repay the deposits of investors by July 31 next. “We will also conduct raids on other companies engaged in chit fund business”, the SDM claimed.

Meanwhile, non-payment of deposits triggered a wave of attacks on the chit fund company’s offices and other properties across the state. Duped investors and disillusioned fund collection agents today attempted to ransack local office of Basil International Limited at TRTC Chowmuhani. The chit fund company had gone burst. However, its office was not shut down. Public fury spiraled against the company and angry depositors vent their anger. On reaching information, Police rushed to the spot and eased the situation. So far, none of Basil authorities has been arrested. In Udaipur, a team of Udaipur Sub Divisional administration led by SDM raided at the office of Ramel Industries and examined various documents. The team also seized some documents. Similarly, Additional SDM Sonamura raided at the Rose Valley office and examined several documents. Few agents and office staffs allegedly harassed the journalists. In many places, angry investors gheraoed the homes of collection agents. Most of the agents have fled homes to escape investors’ wrath.