Agartala Municipal Corporation Rs. 16 Crore Scam Takes a New Twist, Turns into Loan Scam, Court Extends Bail Till October 27 Despite Shocking Revelations
By Our Correspondent
Agartala, October 25, 2025
In a dramatic turn of events, the much-discussed Rs. 16 crore scam of the Agartala Municipal Corporation (AMC) has now taken an unexpected twist inside the courtroom. During a hearing of an anticipatory bail petition on Friday, documents submitted before the court revealed that what was previously alleged as a massive cheque forgery case has now been portrayed as a loan transaction.
The revelation has raised eyebrows across Tripura’s legal and administrative circles, as the accused’s lawyer claimed that the money in question amounting to over Rs. 4.57 crore was received as a loan from the AMC under the banner of a project named Sukanya Jeevan Nidhi Limited. The money was reportedly credited to the account of AV Associates in Ujjivan Small Finance Bank, Biramji Town Branch, Nagpur.
Despite strong opposition from the state’s Additional Public Prosecutor, Kartik Jamatia, who argued that substantial evidence exists against the accused and that anticipatory bail should not be granted in such a major economic offence, the court surprisingly did not cancel the petition. Instead, it extended interim protection to the accused, Bimal Kumar Jwala Prasad Srivastava, till October 27, when the case will be heard again before the Additional District and Sessions Judge, Dharmendu Das.
The Economic Offence Wing (EOW) of the Crime Branch has reportedly stumbled upon a series of startling facts linking the case to influential figures, including high-ranking officials and political leaders. Sources suggest that the scam amount might far exceed Rs. 16 crore and could potentially involve hundreds of crores, spread across multiple states through fraudulent withdrawals using cheques and ATMs.
Questions have also been raised as to why the AMC Executive Engineer, who should have been the primary complainant in the case, did not file the FIR. Instead, the complaint was lodged later by UCO Bank, which claimed cheque cloning and RTGS manipulation, allegations that the defense denies, citing loan documents.
Meanwhile, Agartala Mayor Deepak Majumder’s earlier remark that no municipal official is involved in the fraud has reportedly discouraged investigators from naming AMC staff in the case, further fueling controversy.
Opposition leader Jitendra Chaudhury has already alleged that the scandal could be far deeper, involving massive misuse of public funds meant for the city’s development. Many now demand that the case be handed over to the CBI to ensure a transparent probe and to trace the possible involvement of powerful individuals and interstate fraud networks.
As the next hearing approaches on October 27, the state awaits whether the judiciary will maintain the same stance or direct deeper scrutiny into what increasingly appears to be Tripura’s largest financial scam under the garb of a loan deal.
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