09 Jan, Delhi: Former Chief Minister of Uttar Pradesh Mayawati has been in the forefront for attacking Prime Minister Narendra Modi since he announced decision to ban notes of Rs. 500 and Rs. 1000 on 8th November, 2016.
Coincidentally, Mayawati’s brother’s Anand Kumar’s wealth grew exponentially between 2007 and 2014 — when his sister was chief minister of Uttar Pradesh. His net worth rose from a mere Rs 7.5 crore to Rs 1,316 crore in 7 years.
In what seems to be a classic case of money laundering, Times Now is in possession of income tax probe details which reveal a clear paper trail of round tripping through shell companies, taking mysterious multicrore loans and huge real estate investments.
Earlier, Anand Kumar was found to have deposited Rs. 104 Crores in a bank account which raised eyebrows in the political world.
After some ground level investigation, it was found that some companies operate out of the same building at Maheshtala, Kolkata, and even have the same set of directors. No offices were detected at the given addresses.
Times Now tracked down seven such companies spread across the country and discovered one common strain, all these firms exist only on paper, a common modus operandi for round tripping money.