In a recent development in the Tripura chit fund case, a Special CBI Court has sentenced the CMD and two other officials of a private company to six years of Rigorous Imprisonment (RI) along with a fine of Rs 3 lakh each. The court found Pragati Sheel Infra Projects and Services Limited’s CMD Arindam Das, Director Paritosh Das, and Administrative Director Dipshikha Chakraborty guilty of misappropriating Rs 5-6 crore in deposits collected from the public, as per the CBI.
The Special Judge (CBI) for West Tripura District also convicted the company itself and imposed a fine of Rs 7 lakh on it. This action was taken after the Central Bureau of Investigation (CBI) re-registered the case against the accused following notifications issued by the Tripura government and the Department of Personnel and Training, Government of India, regarding the misappropriation of funds.
The CBI initiated the case against the accused based on allegations that they had deceived the complainant and others by failing to refund their investments and misusing deposits amounting to Rs 5-6 crore collected from the general public. A chargesheet was filed by the CBI on May 28, 2018, naming Arindam Das, Paritosh Das, Dipshikha Chakraborty, and Pragati Sheel Infra Projects & Services Limited as the accused.
The Special Judge (CBI) for West Tripura District has directed that any fines collected from the convicts should be distributed among the aggrieved depositors. The Court has instructed the District Magistrate and Collector of Unakoti District, Kailashahar, to oversee the distribution of the fines to the affected depositors in accordance with the law. Additionally, the Court has requested the competent authorities to recover the defrauded amount from attached assets and distribute it proportionately to the identified depositors and investors who have not received their deposits back.
