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Our money not refunded, allege investors

Last Updated 26 September 2009, 18:34 IST

On Saturday, 60 investors addressed the media, complaining that they have not received even a single installment towards repayment.  

Investors say Ashfak Ahmed, the builder was supposed to repay their money in installments, through demand drafts, and the first of such installments should have been paid on Sept 1. The builder had given an undertaking to the Commissioner of Police promising repayment. However, the investors are yet to get their money even after expiry of the deadline. The undertaking also says that police can initiate action if the builder failed to repay the money.

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(Published 26 September 2009, 18:34 IST)

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