Angry investors lock NK Group Pvt Ltd office
Source: Chronicle News Service
Thoubal, July 31 2022:
Angry people, who had invested their hard-earned money in a gold lucky draw under the name of NK Gold Loan Yairipok Branch organised by NK Group Pvt Ltd, Yairipok Tulihal Toubokpi from June 2020, locked the office of the company on Sunday after its chairman Nongsaibam Sanjit went hiding without paying the due gold.
Speaking to media persons in this regard, one of the investors, identified as Naobi informed that based on assurance given by N Sanjit that all the members of the 'NK Gold Loan Yairipok Branch' will get '1 mohor' of gold each, 500 members had joined the draw which started from June 2020 by paying Rs 2000 every month for 14 terms.
Even though the draw got suspended for few months due to Covid-19 pandemic, the members had contributed the required amount of money for 14 terms till June this year.
During the period of 14 terms, 100 people had received '1 mohor' of gold each.
Rest of the 400 investors were supposed to get the gold based on monthly draw of lots after all the money was paid up, but N Sanjit has gone hiding without giving the gold to the members of last 14th term, the investor said.
Naobi continued that rest of the members were supposed to receive the gold after a draw, but as N Sanjit's whereabouts is not known, the draw was not held.
Asserting that the money of 400 investors cannot be lost, the investor warned that N Sanjit should clarify on the matter by August 10, otherwise, no one will be allowed to open the company's office and if anyone does not heed then the responsibility for any untoward incident should be borne by company.