With the Union Ministry of Corporate Affairs and the Income Tax Department already launching separate probes against BJP president Nitin Gadkari’s company Purti Group, trouble seems to be increasing for him day by day. In the latest, the BJP chief now might come under the Enforcement Directorate scanner for alleged money laundering and forgery.
Purti Group faces ED probe after media reports suggested that over two dozen firms that invested in Gadkari’s company were given unsecured loans by the BJP boss. The loans given by Purti to these companies and the companies in turn investing in Purti point towards round-tripping and money laundering.
One of the investor companies in Update Merchantile is shown to be Anantika Infrastructure. It has 10,000 shares of Gadkari’s driver’s company and it is registered at a fake address in Mumbai.
Not just that, the web of companies gets even more complicated as 11other companies are partners in Anantika Infrastructure, raising doubts about their ownership and financial dealings.
More news on this story: Nitin Gadkari loaned money to companies that invested in Purti Power: I-T smells a rat