Millennium Post

Misa laundered money to buy a farmhouse in Delhi: Sushil

Misa laundered money to buy a farmhouse in Delhi: Sushil
Senior Bihar BJP leader Sushil Kumar Modi on Saturday fired a salvo at RJD chief Lalu Prasad's daughter and Rajya Sabha member Misa Bharti alleging that she had laundered money through a shell company to buy a farmhouse at Delhi's Bijwasan area at a throwaway price.

Sushil Modi has been hitherto alleging that Prasad's two minister sons –Deputy Chief Minister Tejashwi Prasad Yadav and Health minister Tej Pratap Yadav –had amassed benami properties worth over Rs 1000 crore through various shell companies in Bihar.

He claimed that Misa Bharti converted her black money into white through dubious transaction of sale and purchase of shares of her company - Mishail Packers and Printers Pvt Ltd.

The company was incorporated with an investment of Rs 1 lakh in 2002 and registered at Lalu Prasad's then official bungalow 25, Tughlaq Road, New Delhi. It was closed in 2005-06.

Bharti sold her company's shares of face value of Rs 10 each to Virendra Jain's Shalini Holdings at Rs 100 per share in October 2008, which fetched her Rs 1.20 crore. Eleven months later, Misa purchased all the shares at the rate of Rs 10 per share from Virendra Jain, the BJP leader alleged showing documents to support his claim.

Later in 2008-09 she purchased a farmhouse at Bijwasan area in Delhi at Rs 1.41 crore whose estimated value at present would be around Rs 50 crore, Sushil Modi, who was accompnaied by state BJP vice-president Devesh Kumar, said.

Pointing out that Misa became the owner of Rs 50 crore by investing a mere Rs one lakh, he asked "Why would anyone buy shares of a closed company at the rate of Rs 100 per share against the face value of Rs 10 each ? Why would the buyer again sell the same shares at Rs 10 each after buying it at Rs 100?"
Agencies

Agencies

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