AgriGold victims urge government to seize company's assets

Hyderabad: AgriGold victims of Telangana at a press meet at Press Club here on Wednesday demanded that the State government should immediately pay Rs 500 crore by seizing the assets of the company, other directors and benami assets of the company.

They demanded that the State government pay Rs 10 lakh for 70 victims and agents who died. As the West Bengal State government released Rs 500 crore for the victims of Sharda chit funds scam even TS government should follow the same and release Rs 300 crore for victims who died in Telangana.

They demanded for the cancellation of bail orders on Avvas Sitharam, Avvas Udaybhaskar, Avvas Manisharma, Avvas H S V Prasad and other directors.

AgriGold scam of Rs 7,000 crore is an interstate scam in which nearly 32 lakh poor depositors from Andhra Pradesh, Tamil Nadu, Telangana and Karnataka States were duped.