Indore : Collector Akash Tripathi has given instruction to the officers to speed up investigation against the chit fund companies and if needed FIRs should be lodged against them.

In a meeting held at Residency in the presence of DIG Rakesh Gupta, Tripathi discussed the possible actions can be taken against the companies. They also discussed over the MP Investor Interest Protection Act, Price Money Chit Fund Money Scheme Circulation Act 1978, RBI Act and laws related to cheating. They undergone to in-depth discussion that under which act the action could be initiated against the chit fund companies. Police was also instructed to undertake serious investigation and possible action if any complain against any chit fund company come to their notice. The officers of Co-operative, treasury and E-governance were also present. They were also instructed to start investigation against the chit fund companies at their level. If they face obstacle, then they should talk to other departments to solve the hurdle. If any hard is used to seize from the chit fund company office then its data should be examined through the E-governance officer and the audits of such companies should be examined by co-operative department. In this way collector alerted different departments and instructed them to follow the coordinated approach and he said that whichever department receives the complaint against any department, they must initiate the investigation immediately. Collector, DIG discussed over the FIR to be lodged against the chit fund companies.

It may be noted that in a question of Free Press to in-charge minister of Indore district Bhupendra Singh over the rising complaints against the chit fund companies, minister had replied that he had not knowledge about it, but he assured that he would ask to DGI to investigate the matter and make it sure that the interest of the investors of the chit fund companies being kept safe. Even collector too has received the complaint against four chit fund companies on July 27.

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