Raje’s poll affidavit shows she was beneficiary of Lalit’s investment

Troubles for the beleaguered Chief Minister of Rajasthan Vasundhara Raje mounted on Friday with the disclosure that she was the beneficiary of investments of over Rs 11 crore made by tainted IPL ex-commissioner Lalit Modi in her son’s company at a high premium.

An affidavit filed by Raje before the Election Commission showed that she had 3280 shares in <g data-gr-id="15">Niyant</g> Heritage Hotels, owned by her son Dushyant Singh, an MP. Modi had invested over Rs 11 crore in this company at a huge premium of over Rs 96,000 per share of Rs 10.

This disclosure generated charges that Raje had benefitted from Modi’s controversial investments which the Rajasthan BJP President Ashok Parnami rebutted by claiming tonight that these shares had been “gifted” to her by Dushyant and his wife Niharika.

Dushyant and his wife had gifted 1615 and 1665 shares, respectively to Raje on her birthday, according to <g data-gr-id="11">Parnami</g> who saw nothing wrong with it.