The CBI on Thursday filed chargesheets against two chit fund companies, Tower Infotech ltd and Asha Agro Equipment Industries India ltd. The Central investigating agency filed the chargesheet against Tower Infotech ltd managing director Ramendu Chattopadhyay, director Ashis Chatterjee under Sections 120 B, 420 and 409 of IPC and Sections 4 and 6 of Prize Chits and Money Circulation (Banning) Act, 1978 on allegations of cheating the investors and causing criminal breach of trust. The two accused are presently in judicial custody.
The CBI also filed chargesheet against three directors of the Asha Agro Equipment Industries India ltd Ranjit Santra, Tarun Kumar Barui and Parimal Biswas under Sections 120 B, 420 and 409 of IPC and Sections 4 and 6 of Prize Chits & Money Circulation (Banning) Act, 1978 on the allegations of cheating the investors and causing criminal breach of trust.