ED refunds 7346 Rose Valley depositors Rs 10,200 each
06-Oct-2024 08:58 PM 8824
Kolkata, Oct 6 (Reporter) Around 7346 depositors who had parked their funds in the scam-tainted Rose Valley chit fund, have received refunds of Rs 10,200 each, Enforcement Directorate (ED) sources said on Sunday. The amount has been disbursed as the first installment of the refund by the ED's Asset Disposal Committee (ADC) to those cheated in the financial scandal, the sources said. Total Rs 5.12 crore have been disbursed to 7346 depositors on October 3, who proved their claim under a court order. The claims were scrutinised and validated by the ADC. To date, 31,352 claims have already been processed, out of a total 28.10 lakh claims lodged. The ED attached movable properties worth Rs. 494 Crore and immovable properties valued at Rs. 1,069 Crore, spread across West Bengal, Odisha, Assam, and Tripura, with West Bengal alone accounting for Rs. 1,184 crore in attached assets, underscoring the agency’s efforts to bring justice to the defrauded investors of the Rose Valley Group...////...
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