BJP received a large sum as donation from RKW Developers — a company being probed by the Enforcement Directorate (ED) for business transactions with Iqbal Mirchi. Iqbal Mirchi alias Iqbal Memon was an accused in the 1993 Mumbai bomb blasts and is known to be a close associate of Dawood Ibrahim.
WHAT DO WE KNOW?
According to RKW Developers Ltd gave Rs 10 crore to the BJP in 2014-15. This was revealed in BJP’s filings to the Election Commission. RKW Developers Ltd is associated with Dewan Housing Finance Limited. It’s also been reported that RKW is the largest company donating individually to the ruling party.
WHAT’S THE PROBLEM WITH RKW?
A former director of RKW, Ranjeet Bindra, has been arrested by the ED for brokering deals between Iqbal Mirchi and other firms.
OKAY, ARE THERE OTHER COMPANIES?
Well that a company called Sunblink Real Estate has also made a donation of Rs 2 crore to the BJP. The problem? The company has been accused by the ED of buying Mirchi’s properties. Similarly, a company called Skill Realtors Private Limited is also linked to Sunblink through a director, Mehul Anil Bavishi. This company also made a donation of Rs 2 crore to the BJP, according to the Election Commission. A company called Darshan Developers Private Limited donated Rs 7.5 crore to the BJP in 2016-17. This company is also linked to RKW through a director in the company called Placid Jacob Noronha.
Before the Maharashtra elections, the ED had questioned NCP leader Praful Patel in the Iqbal Mirchi case. While Patel had denied any wrongdoing, the case had been brought up in a rally by PM Narendra Modi where he has said, “Instead of nabbing those responsible for the terror attacks, those in power then indulged in Mirchi business.” Union Home Minister Amit Shah had said that doing business with Mirchi was “nothing short of treason.” Reacting to this story, Congress leader Randeep Singh Surjwala commented “is this not treason?” on Twitter. With Parliament in session, it would be interesting to see how PM Modi and Opposition react to this story.
WHO’S SAYING WHAT
Apart from Randeep Surjewala’s tweet, Congress’ official handle also commented on the story and said that “it’s clear that only money matters for the BJP.” While BJP hasn’t specifically commented on this latest development, in a series of tweets, BJP outlined its plan to “clean up the electoral funding process.”Earlier, Mumbai Congress had tweeted that “BJP has reduced politics and governance to money making for itself.”
RKW’S LINKS TO THE PMC BANK SCAM
A deeper look at RKW Developers Ltd throws up an interesting aspect — a link to the Rs 4,355-crore Punjab and Maharashtra Cooperative (PMC) Bank scam. As a part of the scam, the Wadhawan family are being probed by the Mumbai Police’s Economic Offences Wing. The same Wadhawan family are also the promoters of RKW and DHFL. The promoters of DHFL – Dheeraj Wadhawan and Kapil Wadhawan – are the sons of late Rajesh Wadhawan, whose brother Rakesh Wadhawan was arrested by Mumbai police last month along with his son Sarang.
Courtesy the Quint…