WB: Chit fund firms run for cover as panic hits the sealing

Sougata Mukhopadhyay , CNN-IBN | Apr 26, 2013 at 11:53pm


Rose Valley's chairman Goutam Kundu wrote to West Bengal CM Mamata Banerjee on April 23 seeking protection from the administration. He claimed in his letter that his group had assets worth Rs 10,000 crore, and the money collected from depositors was safe in his hands.