Summary:
Bathinda: Having lost their hard money to the chit fund companies, several persons from Punjab and other states on Friday started a month-long protest at Jantar Mantar at New Delhi. When the Supreme Court had formed a committee we were hopeful that we would be able to get our money back. The duped persons have formed a panel ‘Insaf Di Awaaz Punjab Committee’ to start the nationwide protest by joining hands with others who have lost money to the chit fund companies in various states.The investors are mainly affected from Pearl Agrotech Corporation Limited (PACL), part of Pearls Group, which owes nearly Rs 50,000 crore to millions of investors across the country. But it is over two and half years since formation of the committee and we are still on the roads. Now we have decided to hold month-long protest at Delhi where we expect many investors from other states to join hands”.According to him, their investigation in the matter revealed that there exist nearly 100 such companies which have duped over 30 crore investors from India..