Shibaji Panja Explained

Shibaji Panja is a businessman from Kolkata, known to be close toMamata Banerjee.[1] [2] Shibaji did his education in Kolkata and started RP Infosystems which was manufacturing the very popular PC brand CHIRAG. Under his guidance, CHIRAG became one of the top indigenously manufactured computer brands in India. He was arrested in February 2015[3] on charges of having forgedpapers for taking a Rs. 18 crore loan from Industrial Finance Corporation of India. The arrest occurred while Panja was accompanying Mamata as part of the teamreturning from a visit to Bangladesh, causing widespread media coverageand opposition accusations of harbouring criminals in her court.[4] Banerjee has said that what businessmen in her entourage may have been doing is not related to her.[5] The Economic Offences Wing of the Delhi Police investigated and claimed that the purchase order, invoices,ferry receipts and acknowledgement notes were all forged,[6] [7] and the firm address was found to be non-existent. The matter is still sub-judice and Panja was granted bail for the case in question by the competent Court.

Profile

Panja had been appointed to several high-powered West Bengal committeesrelated to film and culture and is an official advisor forindustrial promotion.[8]

Panja was one of the founders of the RP Group,[9] a set of businesses marketing a computer branded "Chirag" and also in film production. The RP Group also is in control of the popular TV News Channel Kolkata TV.

With the revoking of excise benefits, the Indian Computer brands such as HCL, Wipro, Zenith, PCS and CHIRAG were all competing directly with the MNC's without any price advantage which was not the case earlier. This proved to be the bane for all these brands and all of them are today non-existent in the market.

Since then, Panja resigned from the board of the RP Group in early 2013 by officially striking off his name from the Registrar of Companies. He is now a successful producer of content for Bengali Entertainment channels such as STAR Jalsa and ETv Bangla.

Notes and References

  1. News: Mamata's close aide Shibaji Panja arrested for fraud . Somreet Bhattacharya . . 22 February 2015.
  2. News: Mamata's aide arrested, released on bail. The Hindu. 23 February 2015. quote:Panja is known for his proximity to the Chief Minister and considered one ofher closest aides....While Panja is referred often as a "prominent businessman" the nature of his business is unclear. "He has no business as he is a plainracketeer, who takes loans from banks and never returns," said one of hisformer associates.
  3. News: Businessman Shibaji Panja in Mamata Banerjee entourage held . Livemint .
  4. News: Man in Mamata's Dhaka entourage arrested, opposition hits out. IANS. 2015-02-22. Business Standard India. 2018-09-28.
  5. Web site: Mamata refuses responsibility over aide Shibaji Panja's arrest. India Today. en. 2018-09-28.
  6. News: Businessman Shibaji Panja in Mamata Banerjee entourage held. 2015-02-23. The Indian Express. 2018-09-28. en-US.
  7. News: Fabrication charge in factoring deal . Imran Ahmed Siddiqui . The Telegraph . https://archive.today/20150223025530/https://www.telegraphindia.com/1150223/jsp/frontpage/story_5010.jsp#.VOqotJtfaSo. dead. 23 February 2015.
  8. Web site: WBIDC . 2015-10-02 . dead . https://web.archive.org/web/20151122050230/http://wbidc.com/wb_singapore/list_delegates.html . 2015-11-22 .
  9. Web site: Chirag : Greenputer : : About Us : Group Companies . 2015-02-23 . dead . https://archive.today/20150223054336/http://rpchirag.com/about-us/group-companies.aspx . 2015-02-23 .