In the midst of a raging controversy over alleged financial malpractices by Nitin Gadkari rages, a police complaint has been filed against five companies that invested in the BJP President's Purti group.
Balwant Singh Tokas, a resident of Munirka in south Delhi, has alleged that the five companies that have invested in Purti Power and Sugar Limited, co-founded by Mr Gadkari in 2000, have falsely listed his home address as their own. The complaint, however, doesn't name the BJP Prseident.
The complaint comes in the wake of separate inquiries by the Income Tax department and the Ministry of Corporate Affairs into Mr Gadkari's Purti group and the companies that have invested into it.
The I-T department is looking into investments made in Purti Power and Sugar Ltd (PPSL); investments which have so far seemed murky and Mr Gadkari has not been able to explain convincingly. The I-T department will also probe the sources of the funds to PPSL as well as the 18 companies that invested in Purti.
The income tax probe is in addition to the initial inquiry or what is being called a "discreet probe" by the Ministry of Corporate Affairs into companies that have invested in the BJP president's businesses, sources have told NDTV.
Purti Power and Sugar Limited (PPSL) was set up a decade ago by Mr Gadkari. It has a matrix of 18 firms as its investors. As NDTV has been reporting, many of those firms share addresses which appear to exist only on paper. The NDTV expose also found that several shareholders in PPSL as well as other Purti companies were people employed by Mr Gadkari, including his part-time driver, an accountant as well as an astrologer. Mr Gadkari has denied any financial malpractices or ghost investors. He said, he "approached many people from society - industrialists, traders, businessmen, investors."
Mr Gadkari quit as chairman of Purti last year. He now owns just 200 shares in the company.