Saturday, 10 November 2012

Gadkari's fraud exposed


New Delhi: It all started with a sting operation on former BJP President Bangaru Laxman and now it has reached the present president Nitin Gadkari. Do not forget Yeddyurappa and company. Now pressure continues to mount on BJP President Nitin Gadkari, who is facing serious allegations of corporate fraud, with more questions being raised on the source of funds for Gadkari's Purti group.
Gadkari happens to be one of the seven promoters in the company. Interestingly, five of his close associates are directors in the 16 companies which pumped in money and gave loans to Purti. Also, the addresses of investing companies are also dodgy as 11 directors of the companies have a common address. Moreover, five of the Purti's holding firms are registered in a Mumbai slum. Four other shareholders are registered in an under-construction building meant to house slum dwellers in the city.

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