‘State will see a spate of suicides’

Thousands of agents and investors of the Saradha group staged a demonstration at Mayo Road near the statue of Mahatma Gandhi here since Monday morning.

Written by Express News Service | Kolkata | Published: April 23, 2013 4:05:12 am

Thousands of agents and investors of the Saradha group staged a demonstration at Mayo Road near the statue of Mahatma Gandhi here since Monday morning. They wanted the government’s intervention for the immediate arrest of Saradha Group CMD Sudipta Sen and refund of their money.

Agents got emotional and broke down during the protest. “I am unable to return home because I had collected more than Rs 5 lakh and deposited it with the Saradha group. People have now started coming to my place and demanding refund. If the government doesn’t do anything about it,where will we go?” said Amol Mishra,an agent of Saradha group who came from Asansol.

Another,32-year-old Jibon Das,said there would be more suicides in the state. “We have no other way but to end our lives. There will be a spate of suicides in days to come because investors have started threatening us. They say we are the ones they know and have seen,” he said. He also said that the chief minister,along with intellectuals of the state who have been speaking up on important issues,should raise their voices now as well.

The protesters wanted to march to Writers’ Buildings and submit a memorandum to the Chief Minister but were stopped by police midway.

Supporters of the state Youth Congress also joined the protest. They put up a demonstration in front of MP Kunal Ghosh’s residence and outside Writers’ Buildings demanding his immediate arrest.

“Kunal Ghosh was the CEO and brand ambassador of the group and he was equally responsible for the disaster. He can’t wash his hands of it,saying that he was a mere employee. He must be arrested immediately,” said Soumik Hossain,president of the state Youth Congress. He also said their demands included closure of all such small savings companies that have mushroomed in the state and are operating without following SEBI guidelines.

A blockade was put up by Youth Congress supporters at No 4 bridge in the evening,reducing peak hour traffic to a crawl.

“We will wait till April 26 and if the government does not respond,there will be a bigger movement. We will also put up a hunger strike if it was necessary to prod the government to act,” Hossain said,ruing the fact that the Chief Minister had said ‘let bygones be bygones’. “Her statement to the press has added insult to injury,” Hossain said.

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