former Assam CM Hiteswar Saikia's son Ashok Saikia
Former Assam CM Hiteswar Saikia's son Ashok Saikia addressing the media. Image credit - Northeast Now

The Central Bureau of Investigation (CBI) on Sunday arrested former Assam chief minister Hiteswar Saikia’s son Ashok Saikia after a raid in his residence at Sarumataria in Guwahati.

CBI sleuths carried out the raid in a case registered in 1998.

The raid was related to a loan scam in the Assam State Co-operative and Agriculture Development (ASCARD) Bank.

The CBI carried out the raid in connection with a case (No 202/1998) registered with Paltan Bazar police station

The case was handed over to the CBI in 2001.

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The case was transferred to the CBI on the basis of complaints (No. 5/E/ 2001 and 6/E/2001) filed in the Kolkata Branch of the CBI.

In 2013, Ashok Saikia was convicted in the 6/E/2001 case.

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The son of former chief minister Hiteswar Saikia had allegedly been on the run after appealing to the court.

He will have to appear before a special CBI court on November 9.

While talking to media persons, Ashok Saikia claimed he has already cleared the dues to the bank.

He produced a statement of the bank in this regard.

The bank statement says: “This is to certify that Sri Ashok Kr. Saikia, Director, HPS India Pvt. Ltd., resident of Nandan Nagar, Sarumataria, Dispur Guwahati-6, was the loanee of Assam State, Co-Operative Agriculture and Rural Development Bank Ltd.”

“He has availed loan amount of Rs. 9, 37,701.00 only under Bridge loan scheme during the year 1996. As per our letter Ref. No. ASCARDB (L/C) 192/2002/61 Dated. 14.09.2011 under the compromise settlement scheme he has fully repay (repaid) the dues both principal and interest. Now his aforesaid loan is liquidated,” it said.

The statement, issued on October 10, 2015, was signed by the then General Manager in-charge, H.N. Borah.

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Kalpajyoti Saikia

Kalpajyoti Saikia is Senior Reporter of Northeast Now. He can be reached at: