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Funds flow via maze into Gadkari firms -Josy Joseph

-The Times of India The questions over the source of funds to Nitin Gadkari's Purti Power and Sugar Ltd have deepened, with investigations revealing that money flowed in from a multi-layered maze of companies registered all over India. A TOI report on Tuesday had mentioned some two dozen companies, many with unverifiable addresses, whose directors included Gadkari's driver and astrologer. A closer look at the documents filed with the Registrar of Companies reveals...

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Sheila photo on loan form kicks up row-Aneesha Mathur

-The Indian Express Lokayukta issues notice to finance corporation: Who took the decision to put the pictures? Delhi Lokayukta Manmohan Sarin has issued a notice to the Delhi State SC/SC/OBC/Minority and Handicapped Finance and Development Corporation (DSFDC) to explain the decision behind the new loan application forms, which are now being sold at Rs 100 each with pictures of Chief Minister Sheila Dikshit and PWD Minister Raj Kumar Chouhan printed on them. The...

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Drivers are directors in netas’ firms -Prafulla Marapakwar

-The Times of India MUMBAI: Manohar Panse, the driver of BJP president Nitin Gadkari, who was found to be a director on several of Gadkari's companies, is not alone. Peons, clerks and drivers of leading politicians have become overnight millionaires or secured key assignments in the institutions set up by their employers. TOI was the first to break the story about Panse being a director in five of Gadkari's Purti Power and...

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In Chhattisgarh, a lifeline gone without trace-Suvojit Bagchi

-The Hindu Legislative Assembly panel gives clean chit for transfer of Rogda reservoir land to private power company While there is an outcry in Maharashtra over disappearing irrigation water, in Chhattisgarh, an entire reservoir — the lifeline of four villages — has vanished. The 131-acre rain-fed reservoir has been leased out by the government to a private power company. However, an Assembly committee, recently constituted to investigate the ‘transfer’ of the reservoir, in...

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Questions swirl around source of funding of Gadkari's firm -Josy Joseph, Anjaya Anparthi, Abhishek Choudhari & Shishir Arya

-The Times of India NEW DELHI/ NAGPUR: Grave questions have surfaced over the source of funds for Purti Power and Sugar Ltd, controlled by BJP president Nitin Gadkari. Investigations reveal significant investments and large loans to Purti by a construction firm, Ideal Road Builders (IRB) Group, which had won contracts between 1995 and 1999, when Gadkari was the PWD minister in Maharashtra. Besides IRB Group, the other significant shareholders in Purti are...

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