AgriGold scam: ₹511 cr. to be paid to depositors tomorrow
The Hindu
Govt. will take over company lands for weaker section housing, says Appi Reddy
MLC Lella Appi Reddy has said that the government is committed to its promise of compensating the loss incurred by the depositors in the AgriGold scam. Accordingly, it will credit ₹511 crore into the bank accounts of the depositors who invested up to ₹20,000, on August 24. The government has already given relief to the tune of ₹240 crore to those who deposited up to ₹10,000 in the schemes floated by the defunct company. Another important thing which the government planned to do is to take over the lands owned by AgriGold for the purpose of weaker section housing.
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