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Maha govt had turned blind eye to chit-fund scams: Somaiya

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Press Trust of India Mumbai
Last Updated : Apr 29 2013 | 9:55 PM IST
The Maharashtra government had turned a blind eye to chit-fund scams amounting to hundreds of crores involving over 100 Ponzi schemes, BJP leader Kirit Somaiya today alleged.
Talking to reporters, he claimed that more than 10 lakh small investors have been hit by these schemes.
He accused officials of the Economic Offences Wing in Mumbai of deliberately dragging their feet in their investigations into these companies, choosing to arrive at a "settlement" with their owners.
He said he had submitted a list of such companies to Chief Minister Prithviraj Chavan and Home Minister R R Patil but no action has been taken so far.

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First Published: Apr 29 2013 | 9:55 PM IST

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