34 Years Later: Verdict Delivered in Assam’s Rs 200 Crore LoC Scam

Guwahati, Oct 30: After nearly 34 years, a Special CBI Court in Guwahati has delivered a verdict on the Rs 200 crore Letter of Credit (LoC) scam involving Assam’s Veterinary and Animal Husbandry Department. The scandal, originating in the 1990s, implicated senior officials and political figures, including then-Chief Ministers Prafulla Kumar Mahanta and the late Hiteswar Saikia.

Five individuals were convicted and sentenced to three years in prison, along with a collective fine of Rs 1.6 lakh. The convicted include M. Rahman, the manager of the Duck Breeding Farm in Phuroni; B.N. Chakraborty, an upper division assistant in the Animal Husbandry & Veterinary Department; and three private individuals: Jayanta Sharma, T.K. Das, and Pranab Saikia.

The scam involved fraudulent withdrawals amounting to Rs 200 crore through fake bills, making it one of the state’s most notable corruption cases of that period. Seven other defendants were acquitted by the court.

M. Rahman received two years’ imprisonment and a fine of Rs 35,000; B.N. Chakraborty was sentenced to three years of rigorous imprisonment and fined Rs 25,000; Jayanta Sharma received three years and a fine of Rs 40,000; T.K. Das was sentenced to three years and fined Rs 50,000; and Pranab Saikia was given one and a half years with a fine of Rs 10,000.

Those acquitted include D. Purakayastha, D. Sonowal, D. Laskar, Tutu Chetry, H. Vaipei, A. Kro, and Jadav Gogoi.

The scam surfaced during Hiteswar Saikia’s tenure (1991-96) when the case was transferred to the CBI, which re-registered it on May 17, 1994, following an FIR by the Anti-Corruption Bureau in 1993. Investigations alleged that Dr. T. Buragohain, then Additional Director of the Animal Husbandry & Veterinary Department (Hills), Haflong, conspired with others, including public servants and private individuals, to fabricate bills amounting to Rs 1,74,86,827. This amount was withdrawn without valid justification in 1991-92, resulting in considerable financial losses to the government.

The investigation implicated several high-ranking officials and reached political leaders, including former Chief Ministers Mahanta and Saikia. After the CBI filed a charge sheet on May 13, 1994, the case saw a prolonged trial during which many accused passed away, leaving only 12 of the original 34 accused by the case’s end.

The case began during Mahanta’s tenure and extended under Saikia’s administration. Amid political pressure, Saikia eventually handed the case over to the CBI. Following Saikia’s death, the CBI pursued charges against Mahanta, but the then-Governor Lt. Gen. (Retd) S.K. Sinha denied prosecution, stalling the case. The case was revived in 2010 during Tarun Gogoi’s government, culminating in Tuesday’s verdict.

The principal accused, Rajendra Prasad Borah, passed away from a kidney ailment in April 2023.

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Assam cabbies resent ‘selective attacks’, block Meghalaya vehicles

Guwahati, Aug 20: Traffic between Assam and Meghalaya was...

Drivers’ body urges state to avoid deploying govt vehicles in vulnerable areas

Shillong, Aug 20: The Meghalaya Government Drivers' Welfare Association...

Govt assures safety of citizens, tourists  

5 companies of central forces deployed in city   Shillong, Aug...

Admin rejects KSU’s ‘miscreants hijacked rally’ claim 

'Masked individuals armed with sticks, rods were seen at...

Civil society groups condemn Shillong violence

‘Terror has no place in Shillong’ Shillong, Aug 20: Speaking...

15 FIRs lodged, manhunt on for suspected bikers

Shillong, Aug 20: The state police have registered 15...

KSU denied permission for sit-in protest

Shillong, August 20: The East Khasi Hills district administration...

Situation under control, no need of night curfew: Tynsong 

‘Traffic disruption on Shillong-Guwahati highway resolved’   Shillong, Aug 20: Deputy...
spot_img

Related Articles

Popular Categories