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TN EMU firm under scanner

Authorities are monitoring commercial emu firms functioning.

Written by Agencies | Tn | Published: August 9, 2012 12:45:12 pm

With several complaints registered against a popular private firm involved in Emu farming,authorities are monitoring commercial emu firms functioning in the district.

Police said hundreds of persons from other districts visited Perundurai yesterday and staged a demonstration before the Susi Emu Firm,whose owner besides seven others allegedly cheated a large number of people to the tune of crores of rupees by promising lucrative returns on investments in commercial rearing of the bird.

Based on complaints from investors,cases had been registerd against them.

Meanwhile,five more such private commercial Emu firms located near the Susi Emu Firm Administrative office in Perundurai were found closed since yesterday afternoon.

But,so far no one has made any complaint against the five firms,officials said.

District Revenue Officer S Ganesh,who is investigating the investment and payment details of the Susi Emu Firm,said whereabouts of the firm’s Chairman and Managing Director M.S.Guru were not known.

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