NEW DELHI: The Assam government has decided to transfer 32 cases in connection with a multi-crore online trading scam to the Central Bureau of Investigation (CBI), chief minister Himanta Biswa Sarma announced on Friday.
The CM said the decision was taken after discussing the matter with Union home minister Amit Shah. The transfer process is expected to take around a month due to procedural requirements, and until then, the Assam Police will continue their investigations.
Sarma also mentioned that any future cases registered in connection with the scam will be considered for handing over to the CBI, news agency PTI reported.
Read: Assam CM reveals how his ‘doubt’ unearthed multi-crore trading scam
Earlier, Sarma revealed that his suspicion about a man wanting to donate Rs 1 crore to the Chief Minister’s Relief Fund led to the uncovering of the multi-crore scam. He stated that although his government cracked the case and arrested those involved, it was being unfairly targeted.
Sarma dismissed allegations from opposition parties that accused his government of launching the eviction drive at Sonpur in the Kamrup (Metropolitan) district to divert people’s attention from the scam. He also expressed concern about the relationship between the police and journalists, as the police allowed a TV channel to interview actress Sumi Bora and her husband Tarkik Bora after they were detained in connection with the scam.
The firms involved in the scam, mostly promoted by individuals in their 20s, allegedly raised hundreds of crores of rupees from people by promising huge returns on investments in the stock markets. However, these firms started failing to repay investors over the last few weeks.
So far, more than 65 people have been arrested in connection with the scam, and 14 SITs have been set up to investigate the cases registered across districts under the Banning of Unregulated Deposit Schemes Act, 2019, and the Bharatiya Nyaya Sanhita.
The CM said the decision was taken after discussing the matter with Union home minister Amit Shah. The transfer process is expected to take around a month due to procedural requirements, and until then, the Assam Police will continue their investigations.
Sarma also mentioned that any future cases registered in connection with the scam will be considered for handing over to the CBI, news agency PTI reported.
Read: Assam CM reveals how his ‘doubt’ unearthed multi-crore trading scam
Earlier, Sarma revealed that his suspicion about a man wanting to donate Rs 1 crore to the Chief Minister’s Relief Fund led to the uncovering of the multi-crore scam. He stated that although his government cracked the case and arrested those involved, it was being unfairly targeted.
Sarma dismissed allegations from opposition parties that accused his government of launching the eviction drive at Sonpur in the Kamrup (Metropolitan) district to divert people’s attention from the scam. He also expressed concern about the relationship between the police and journalists, as the police allowed a TV channel to interview actress Sumi Bora and her husband Tarkik Bora after they were detained in connection with the scam.
The firms involved in the scam, mostly promoted by individuals in their 20s, allegedly raised hundreds of crores of rupees from people by promising huge returns on investments in the stock markets. However, these firms started failing to repay investors over the last few weeks.
So far, more than 65 people have been arrested in connection with the scam, and 14 SITs have been set up to investigate the cases registered across districts under the Banning of Unregulated Deposit Schemes Act, 2019, and the Bharatiya Nyaya Sanhita.
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