Amid allegations of dubious funding into the companies of Bharatiya Janata Party [ Images ] chief Nitin Gadkari [ Images ], the Corporate Affairs Ministry on Thursday said it is looking into investments made in his company.
A senior Corporate Affairs Ministry official was responding to a query on whether the ministry has started probe into allegations of dubious funding into Gadkari's company.
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Embarrassing details have come out about the alleged dubious funding of Maharashtra-based Purti Power and Sugar Ltd, run by Gadkari.
On Tuesday, Corporate Affairs Minister Veerappa Moily [ Images ] had said that Registrars of Companies would inquire into the allegations.
Media reports 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 [ Images ].
The BJP chief, who is set for his second term, has denied the allegations and has offered himself and his companies to any probe.
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