CBI detains Assam ex-CM’s son in 1996 ASCARD bank loan scam case

Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email
Share on telegram
The case was later handed over to the CBI in the year 2001 on the basis of complaints (No. 5/E/ 2001 and 6/E/2001) filed in the Kolkata Branch of the CBI
Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email
Share on telegram
BREAKING: Former Assam CM Hiteswar Saikia's son granted bail
Ashok Saikia

Guwahati: The sleuths of the Central Bureau of Investigation (CBI) on Sunday raided the residence of Ashok Saikia, son of former Chief Minister of Assam Hiteswar Saikia in connection to Rs 9.37 lakh Assam State Co-operative Agriculture and Rural Development (ASCARD) Bank loan scam case.

As per a report, the case was registered as Paltan Bazar Police Station Case No. 202/1998.

The case was later handed over to the CBI in the year 2001 on the basis of complaints (No. 5/E/ 2001 and 6/E/2001) filed in the Kolkata Branch of the CBI.

In 2013, Ashok Saikia was convicted in the 6/E/2001 case.

Speaking to media in this regard, Ashok Saikia said, “There were two cases registered against me. In the first case, the court has already passed the judgement, further, I made an appeal to a higher court in this regard and hence, I have nothing to say much about it. The second case is about a loan case, in which I have already paid my pending dues both principal and interest after a settlement with the bank. However, the case is still pending at the court. CBI has sent me a notice and has asked me to appear before the court on November 9, 2021.”

Saikia during the media interaction also produced a copy of the ASCARD bank letter claiming that he had already repaid the entire amount on September 14, 2011.

The bank letter reads, “Ashok Kumar Saikia, Director, HBS India Pvt. Ltd was a loanee of Assam State Co-operative Agriculture and Rural Development (ASCARD) Bank Limited. He has availed loan amount of Rs 9,37,701 only under Bridge Loan Scheme during the year 1996. As per our letter dated 14.09.2011 under the compromise settlement scheme he has fully repaid the dues both principal and interest. Now his aforesaid loan is liquidated.”

It may be mentioned that the statement, issued on October 10, 2015, was signed by the then General Manager in charge, H.N. Borah.

Meanwhile, Ashok Kumar Saikia has been detained by the CBI team for further interrogation.

Furthermore, reacting to the incident, Congress legislature party leader Debabrata Saikia has claimed that CBI shouldn’t have intervened in the issue as his brother had already repaid the loan six years back.

“My younger brother Ashok Saikia is innocent. All the loans have already been repaid by him by 2015. I am sure justice will be served in his favour,” said the Congress leader.

Read More : Tripura: Rider dies on spot as speeding truck rams into motorbike

Related Post