KBC contestant from Odisha narrates black chapter of Chit Fund scam to Amitabh Bachchan

KBC contestant from Odisha narrates black chapter of Chit Fund scam to Amitabh Bachchan Everybody has to face some kind of hardship in life. These struggles or challenges either break or make a person.

Shaik Ajmat from Balasore district too faced a similar hardship during the chit fund scam. However, Ajmat stood strong even though there were situations when he thought of giving up. The tuition teacher from Odisha exposed the mega chit fund scam before the nation during the Kaun Banega Crorepati programme hosted by Bollywood star Amitabh Bachchan.

On the chit fund episode, Ajmat said, “It was during 2008-09, a friend asked me to take some franchise and it will fetch me some commission. I had goodwill in the village and people trusted me and they invested around Rs 50 lakh. But when it was learned that the company was a chit fund, my entire world came crashing down.”

According to Ajmat, it was a tough phase of his life as scores of people had invested money on his advice, and their investments were gone. It was tough for him to step out of his house and he even thought of ending his life.

“The people, who used to call me Shaik sir, started calling me a cheat,” Ajmat narrated while breaking down before Amitabh Bachchan.

Ajmat also expressed resentment citing that the Odisha government has not kept its promise of returning the funds to the small depositors.

Though Ajmat failed to answer an Rs 50 lakh question, he won Rs 25 lakh in the Kaun Banega Crorepati season 15. Ajmat is also worried about the depositors from his villagers who had deposited their hard-earned money on his advice.

On national television, Ajmat revealed that he had kept all the data of the depositors with him. After Ajmat revealed the black chapter of the chit fund scam on national television, several depositors are now hopeful that their fortunes would change. Odisha Chit Fund Khyatigrasta Jamakari Milita Manch has also reiterated its demands in this regard as well.

“Odisha government confiscated property worth around Rs 15000 to 16000 crore and government of India also confiscated around Rs 10,000 to 12000 crore. You have two options- either return money before elections or we will defeat you and send you home,” said Khyatigrasta Jamakari Milita Manch convenor, Jayant Das.