Mysuru: The PACL Tevanidarara Hitarakshana Horata Samithi President Muddalingegowda has urged the Government to confiscate the properties of Pearl Agrotech Corporation Limited (PACL) which had cheated its depositors to the tune of Rs. 250 crore and return their deposits.
Addressing a press meet at Patrakarthara Bhavan here yesterday, Muddalingegowda said that PACL company, which functioned well till 2013, had also given the maturity amount to its depositors, but after 2013, the company failed to give the maturity amount to its depositors.
