Dated 7th May, 2013
Shri M. K. Narayanan
Hon’ble Governor of West Bengal
Raj Bhawan
Kolkata – 700 062
Respected Sir,
You must be aware of the greatest financial scandal which has rocked West Bengal and other adjacent states and where the names of prominent leaders and ministers of ruling party along with leaders & ex-Ministers of CPI (M) and a few Congress leaders have come up. The State Government has alreadily formed an Enquiry Commission headed by ex-Justice Shyamal Kumar Sen, which had started taking stock of the situation ( under the Commission of Inquiry Act, 1952). As preliminary enquiry shows that the depository amount have been siphoned to other states and even to other nations, hence SIT cannot be competent enough to enquire. Hence CBI is the only competent authority to investigate this case properly. We have met Justice Shyamal Kumar Sen at his Commission on 30th April, 2013 and during discussions he also pledged his inability to investigate into such dimension. CBI has also pledged to investigate through their affidavit in Hon’ble Kolkata High Court.
Further more, State Governments of Assam, Bihar, Tripura, who are also affected through this scam has asked for CBI enquiry, then why our Hon’ble Chief Minister, who, when in the opposition bench, often have demanded for CBI, is now not interested in CBI enquiry? Is it because she wishes to hide the truth? Whatever may be the reason, we also have reservations in CBI functioning, but to solve this case and to confiscate the entire empire of Saradha and to pay the investor back from confiscation and auctioneering their properties, CBI is the only solution. Moreover, it is being said that at least Rs.35,000 crores have been invested in Saradha group by poor and lower middle class category and our Chief Minister is trying to raise Rs.150 crore from Tobacco Tax to provide them relief. Is it really a mockery?
In the Parliament 73 illegal chit fund companies were mentioned. But as many as 2,000 big or small illegal money laundering funds are presently in operation in West Bengal. It may also be mentioned that our state is industry-barren and it has a load of more than 1 crore jobless youths. It may be worthwhile to mention that millions of people of varied educational background work in those illegal money laundering funds either as agent or as staff. Hence if we close all money laundering funds without checking their system of work, then a further flood of jobless people would detoriate our law and order situation and a number of people might commit suicide, which has alreadily started. Hence a system should be generated to protect the money of poor and lower middle class people along with protection of thousands of people earning their bread and butter from these companies.
It may also be noted that the State Government is yet to file any case against Saradha or any such illegal money laundering Companies and our Chief Minister is openly saying that these companies are registered under Companies Act and hence the State Government cannot take any action unless a case is registered. We may kindly inform you that AMRI is a registered company and during the AMRI Dhakuria inferno, this Chief Minister has ordered arrests of all the directors of AMRI without any case registration. We, through you, demand immediate arrest of all the Directors and CEOs of Saradha and confiscation of all their properties. The sooner it is done, the better is the chance of recovery.
Hence, it should be worthwhile to use SEBI as a watchdog and to critically investigate the performance of each money laundering fund and to take necessary actions against the law breakers. The reason being, for example, if all the depositors of any nationalized Bank go to collect their deposit in a single day, the Bank will collapse. Similarly, if all the depositors demand their money from any such company, the company directors have no other way but to flee and the investors money will never be recovered.
So it should be the duty of the SEBI and other central Financial agencies along with the State Government to be a watchdog and allow them to work legally so that the depositors can get their money back in right time. We may, at the same time, like to brief you that the same type of monetary scandal happened between 1980 & 2003, i.e. during Left Front regime, through Sanchaita, Sanchayani, Favourite, Overland, all the cases have simply been disappeared without any arrest, without any payment to the investors.
We once again request you to immediately press this government for CBI enquiry.
Regards,
Sincerely yours,
Rahul Sinha, (State President)
Prabhakar Tewari, Dr. Subhas Sarkar, Badsha Alam (Vice Presidents)
Rabin Chatterjee, Ashim Sarkar (General Secretaries)
Ritesh Tewari, Kamal Beriwal (Secretaries)
Shri M. K. Narayanan
Hon’ble Governor of West Bengal
Raj Bhawan
Kolkata – 700 062
Respected Sir,
You must be aware of the greatest financial scandal which has rocked West Bengal and other adjacent states and where the names of prominent leaders and ministers of ruling party along with leaders & ex-Ministers of CPI (M) and a few Congress leaders have come up. The State Government has alreadily formed an Enquiry Commission headed by ex-Justice Shyamal Kumar Sen, which had started taking stock of the situation ( under the Commission of Inquiry Act, 1952). As preliminary enquiry shows that the depository amount have been siphoned to other states and even to other nations, hence SIT cannot be competent enough to enquire. Hence CBI is the only competent authority to investigate this case properly. We have met Justice Shyamal Kumar Sen at his Commission on 30th April, 2013 and during discussions he also pledged his inability to investigate into such dimension. CBI has also pledged to investigate through their affidavit in Hon’ble Kolkata High Court.
Further more, State Governments of Assam, Bihar, Tripura, who are also affected through this scam has asked for CBI enquiry, then why our Hon’ble Chief Minister, who, when in the opposition bench, often have demanded for CBI, is now not interested in CBI enquiry? Is it because she wishes to hide the truth? Whatever may be the reason, we also have reservations in CBI functioning, but to solve this case and to confiscate the entire empire of Saradha and to pay the investor back from confiscation and auctioneering their properties, CBI is the only solution. Moreover, it is being said that at least Rs.35,000 crores have been invested in Saradha group by poor and lower middle class category and our Chief Minister is trying to raise Rs.150 crore from Tobacco Tax to provide them relief. Is it really a mockery?
In the Parliament 73 illegal chit fund companies were mentioned. But as many as 2,000 big or small illegal money laundering funds are presently in operation in West Bengal. It may also be mentioned that our state is industry-barren and it has a load of more than 1 crore jobless youths. It may be worthwhile to mention that millions of people of varied educational background work in those illegal money laundering funds either as agent or as staff. Hence if we close all money laundering funds without checking their system of work, then a further flood of jobless people would detoriate our law and order situation and a number of people might commit suicide, which has alreadily started. Hence a system should be generated to protect the money of poor and lower middle class people along with protection of thousands of people earning their bread and butter from these companies.
It may also be noted that the State Government is yet to file any case against Saradha or any such illegal money laundering Companies and our Chief Minister is openly saying that these companies are registered under Companies Act and hence the State Government cannot take any action unless a case is registered. We may kindly inform you that AMRI is a registered company and during the AMRI Dhakuria inferno, this Chief Minister has ordered arrests of all the directors of AMRI without any case registration. We, through you, demand immediate arrest of all the Directors and CEOs of Saradha and confiscation of all their properties. The sooner it is done, the better is the chance of recovery.
Hence, it should be worthwhile to use SEBI as a watchdog and to critically investigate the performance of each money laundering fund and to take necessary actions against the law breakers. The reason being, for example, if all the depositors of any nationalized Bank go to collect their deposit in a single day, the Bank will collapse. Similarly, if all the depositors demand their money from any such company, the company directors have no other way but to flee and the investors money will never be recovered.
So it should be the duty of the SEBI and other central Financial agencies along with the State Government to be a watchdog and allow them to work legally so that the depositors can get their money back in right time. We may, at the same time, like to brief you that the same type of monetary scandal happened between 1980 & 2003, i.e. during Left Front regime, through Sanchaita, Sanchayani, Favourite, Overland, all the cases have simply been disappeared without any arrest, without any payment to the investors.
We once again request you to immediately press this government for CBI enquiry.
Regards,
Sincerely yours,
Rahul Sinha, (State President)
Prabhakar Tewari, Dr. Subhas Sarkar, Badsha Alam (Vice Presidents)
Rabin Chatterjee, Ashim Sarkar (General Secretaries)
Ritesh Tewari, Kamal Beriwal (Secretaries)
Dibendu Nag the anarchy is born and brought up in Calcutta/Arunachal Pradesh/shillong where he received his education/practice/training at his childhood. Mr.Dibendu Nag cleared his high school study in 1987 from New Delhi. He received his BSC in physics and philanthropy from oxford university and established national open school NOS in 1992 & IGNOU in 1993. Dr.Dibyendu Nag is the founder /father of distance education& open education under the University Grant Commission UGC. In 1988 Prof.Dr. Dibyendu Nag received his engineering Degree from Hindustan Institute of Engineering Technology (HIET) and completed three years of Post-Graduate study in practical physics and quantum physics from Harvard university in 1995. And take the responsibility of the Institute of Engineers(INDIA). He have also done PHD in human rights-Human Resources from the United Nation Institute for Training And Research. unitar in 1999 and join the UN as director general. Prof.Dr.Dibendu Nag have received his MD from the Indian Institute of Alternative Medicine. IIAM in 2003 and invented Tele-medicine for all therapy. Prof.Dr.Dibendu Nag is the tenant of IT(Internet-Technology) & IT of 21st century information technology. He is also probably known as the king of mass media & multimedia. At present he is in United Nation & NATO as the director general of UN peace keeping force. Prof.Dr.Dibendu Nag is also a sportsman with a vision of healthcare and Olympics sports data. He is the champion of the world anti-doping agency. WADA and executive member of IOC & ICC . Dr. Nag have completed his martial arts training under the supervision of master chew choo soot and received sachidan 8th Dan Red Black belt. He is also the six sigma black belt management professional and the pioneer of the world black belt bureau.
ReplyDeleteProf.Dr.Hanshi.Dibyendu Nag started his martial arts training at the early vintage year of 1976; since he came across Chinese Kempo Karate and the Traditional Budokan Karate International Foundation was founded jointly by Hanshi Mr.Dibyendu Nag & Grandmaster Mr.Chew Choo Soot in 1991, together with several similarly-minded people, forming the World Budokan Federation. WBF since 1995. The three ideograms of Budokan stands for Stability, Hardness, Thoroughness, house & home. Budokan is a house with Solid Foundations. Kuan Bu-Ik Wushu Koon International. KBIWKI encompasses personal, moral and ethical guidelines identical to those described by our Grandmaster Sir.