SpeakAsia: SC hearing tomorow


The case of Speak Asia, the online survery company which is at the centre of a huge scam, is set to come up before the Supreme Court on Monday. Some of the investors have approached the court. Surprisingly many of them are expressing faith in the firm and are asking the government agencies to remove the freeze on the accounts of these firms.
However, for millions like Solomon James, the apex court is the only option left to retrieve their money from the now tainted online survey company.
Solomon James said, "We are saying that if the company wants to return our funds, they must be allowed to do so."
The scam first hit headlines earlier this year when BJP's Maharasthra leader Kirit Somaiya blew the whistle.
The Singapore based company claimed to be conducting online surveys for popular brands in India, a claim which was later denied by some of the brands. The company was collecting Rs 11000 from individuals promising them huge returns over a period of time. It was this contradiction that had led to the arrest of COO of Speak Asia, Tarak Bajpayee, and seven others.
When contacted, Speak Asia CEO Manoj Kumar said, "We have always mantained that we have been making attempts and will continue to make attempts to fulfil all our obligations towards the panelist."
Government agencies are on an overdrive to figure out the source of funding for Speak Asia but no clear cut answers are emerging on that front so far.
CNN-IBN

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