December 5, 2021


Only The Finest Women

Assam Ex-Chief Minister’s Son Arrested By CBI In Loan Default Case

CBI officers claimed Ashok Saikia was despatched a discover, but his family has denied this. File


Officials of the Central Bureau of Investigation (CBI) arrested former Assam Main Minister Hiteswar Saikia’s son Ashok Saikia nowadays in a 1998 circumstance of alleged bank loan default.

Ashok Saikia is the brother of Congress chief and Leader of Opposition in the Assam Assembly Debabrata Saikia.

A crew of CBI officers raided his Dispur residence today and arrested him. Mr Saikia will be offered in a CBI particular court docket tomorrow, they claimed.

Sources stated the raid was carried out on the foundation of a case registered at Guwahati’s Paltan Bazar Law enforcement Station by personnel of Assam State Co-operative and Agriculture Development (ASCARD) Bank in 1998 for non-repayment of the bank loan sum. The CBI took about the circumstance in 2001.

The central agency had registered two cases from Mr Saikia and he was convicted in a person of them.

Mr Saikia, however, said in a assertion that he repaid the financial loan in 2011 by means of a “compromised settlement scheme”.

“A proof to this influence was also issued by the bank back in 2015 undersigned by the bank’s then typical supervisor. This is a fake circumstance staged versus me by persons with vested desire,” he stated in the assertion.

Mr Saikia also has also shared with the media a observe on the bank’s letterhead that says he has cleared the dues.

Responding to his brother’s arrest, Leader of Opposition Debabrata Saikia stated, “He has mentioned that he had now repaid the balance amount of money and he also has pertinent files to demonstrate that. If he has already repaid the total and a scenario has been submitted in opposition to him, why has the financial institution not intimidated the investigating agency? Also, CBI officials declare they despatched numerous intimations to my brother at our residence about the exceptional amount of money, but even though my mother stays there, we haven’t obtained any these types of intimation.”

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