Published On: Tue, Oct 23rd, 2012

BJP chief Nitin Gadkari is in trouble

Nitin Gadkari

Nitin Gadkari

BJP chief Nitin Gadkari on Tuesday found himself in trouble with the government deciding to go into allegations of dubious funding in his companies which cast a shadow over his getting a second term as party president in December.

As embarrassing details tumbled out about the funding for Purti Power and Sugar Ltd run by Gadkari, Corporate Affairs Minister M Veerappa Moily said as the information on the issue has come in public domain, the Registrars of Companies will “definitely inquire into it”.

“We have not ordered anything. It is all coming in the newspapers. Since it has come in public domain, we told our ministry to make some discreet inquiry to find out what exactly is the matter. Are there any violations of Companies Act?” he said.

When asked whether the business dealings of Robert Vadra, the son-in-law of Congress chief Sonia Gandhi, will also be scrutinised, he said the two issues were separate and there was no link between them.

Media reports have raised questions over the source of funds for Purti Power and Sugar Ltd controlled by Gadkari.

Media investigations claim that major investments and large loans to Purti were made by a construction firm Ideal Road Builders (IRB) group, which had won contracts between 1995 and 1999, when Gadkari was PWD minister in Maharashtra.

Gadkari has denied the allegations and offered himself and his companies to any probe.

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