Court grants Bail to ex-Assam CM’s son in loan default case

CBI Office Assam Chief Minister Son Bail Laon default

Swarna Shukla-

Published On: November 08, 2021 at 22:18 IST

A Central Bureau Investigation (CBI) Court granted Bail to Ashok Saikia, son of former Assam Chief Minister Hiteswar Saikia, who got Arrested by the Central Agency in connection with the default of a Loan of over Rs. 9 Lakh, 25 years ago.

Ashok Saikia, was questioned by CBI Guwahati team and got Arrested on the basis of a Non-Bailable warrant issued against him for not appearing in the Court despite the summon.

Saikia, a businessman issued a statement through his elder brother stating that he took a loan in 1996 from Assam State Co-operative Agriculture and Rural Development Bank Ltd (ASCARD) that he claims to have repaid. 

The ASCARD certificate stated,“As per our letter Ref. No. ASCARD (L/C) 192/2002/61 dated 14.09.2011 under the compromise settlement scheme he has fully repaid the dues- both Principal and Interest. Now his aforesaid loan is liquidated.” However, the authenticity of the said certificate could not be verified immediately. 

A Senior Congress leader stated that CBI is being used by the Bhartiya Janta Party Government at the Union, to harass the leader of the opposition in Assam after he made a statement in connection with the claims of State BJP Leaders on defection to the BJP Party. 

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