Live
- Woman’s False Claim Sparks Unnecessary Panic
- Locals Report Naxal Activity in Karkala Village
- Mangaluru International Airport Sets New Records in Passenger and Flight Movements
- Where Areca failed, grow Coffee
- Collector Badavath Santosh Reviews Household Survey and Listing Process
- Awareness Session on SHE Team and POCSO Act
- Awareness Program in agricultural College on the Dangers of Drug Abuse for Youth
- 3500-Year-Old Menhir in Kamsanpally Village: A Call for Preservation
- The Role of Artificial Intelligence in Radiology: Transforming Diagnosis and Patient Care
- Hindustan Zinc Ltd. Signs MoU with Rajasthan Government to Invest Rs 36 Crores in Education Development
Abhaya Gold depositors told to wage unified fight
Abhaya Gold Agents and Customers Welfare Association district unit honorary president and CPI district secretary Dega Prabhakar called upon the depositors to wage a unified fight to get back their deposits
Eluru: Abhaya Gold Agents and Customers Welfare Association district unit honorary president and CPI district secretary Dega Prabhakar called upon the depositors to wage a unified fight to get back their deposits.
He addressed the association city committee meeting held here on Monday. Speaking on the occasion, Prabhakar requested the depositors to join hands on the lines of AgriGold depositors to get justice.
He reminded the depositors that the state government appointed a Cabinet sub-committee to deal with AgriGold deposits after four years of fight by the customers. In the same way the government would have to concede their demand to return deposits, if all of them come under one common platform and intensify struggle.
He alleged that Abhaya Gold had duped the customers of their deposits worth Rs 400 crore. Though the company chief K Srinivas was arrested under various cases their deposits were not returned. He was leading a luxurious life with the hard earned money of the customers.
Even the police were helping him, he alleged. About three lakh depositors had lost their deposits. The total votes of these affected families account for 12 lakh and the issue of Abhaya Gold would prove costly for any political party which ignores them, he added.
