1. Endgame for Mayawati? Brother made 18,000% profit in 7 years, now in I-T net: All we know so far

Endgame for Mayawati? Brother made 18,000% profit in 7 years, now in I-T net: All we know so far

The twin revelations of alleged corruption by BSP and Mayawati's brother Anand Kumar have set in motion the BSP leader's political isolation in Uttar Pradesh.

By: | New Delhi | Updated: January 10, 2017 1:38 PM
mayawati, income tax department, anand kumar, mayawati brother, mayawati corruption, bahujan samaj party, bsp, enforcement directorate, mayawati expose, times now, uttar pradesh assembly election 2017, up election 2017 BSP supremo Mayawati addressing a party meeting in the view of UP Assembly polls at the party office in Lucknow on Sunday. (PTI Photo)

In another blow to Bahujan Samaj Party (BSP) chief Mayawati ahead of the Uttar Pradesh Assembly election 2017, a report has claimed that companies run by her brother Anand Kumar made “abnormal” profits up to 18,000% over a period of seven years. Out of the seven years under probe, Mayawati served as Uttar Pradesh Chief Minister for five years between 2007-2012. Kumar’s exponential profits have now come under the Income Tax department scanner, according to Times Now.

The news channel reported that assets worth Rs 1300 crore of Kumar are being probed by the I-T department. Calling it the biggest political scandal of the new year, Times Now said, Kumar owns at least 12 big companies. Kumar’s Rs 1316 crore assets under probe include Rs 440 crore cash and Rs 870 crore in fixed assets including lands.

According to the report, the probe has revealed ghost companies run by Kumar. One of the companies named Dia Realtors Pvt Ltd made an unbelievable 45257% profit in the 7-year period.

The latest revelation against Mayawati’s brother comes two weeks after the Enforcement Directorate (ED) detected that around Rs 104 crore was deposited in two accounts, including the one belonging to Kumar and the one of BSP. On December 26, ED detected cash deposits totalling over Rs 104 crore in an account belonging to the BSP and Rs 1.43 crore in an account belonging to party Supremo Mayawati’s brother in a branch of United Bank of India (UBI) in Delhi.

Officials had said that Enforcement Directorate, as part of its routine survey and enquiry operations to check suspicious and huge cash deposits in banks, visited the Karol Bagh branch of UBI and found huge deposits made in these two accounts post-demonetisation. Sources further said that officials examined records of the deposits made in the BSP account and found that while Rs 102 crore was deposited in banned Rs 1,000 notes, the rest Rs 3 crore was deposited in the old Rs 500 notes.

The BSP initially refused to comment on the ED revelation. Later, Mayawati launched an attack against PM Modi, accusing him of indulging in vendetta as she had opposed demonetisation.

In poll-bound Uttar Pradesh, Mayawati, however, couldn’t find political support from other parties. This is in contrast to West Bengal Chief Minister Mamata Banerjee who found support from Congress when CBI arrested two TMC MPs for their alleged involvement in the Rose Valley chit fund scam.

The twin revelations of alleged corruption by BSP and Mayawati’s brother have set in motion the BSP leader’s political isolation in Uttar Pradesh. Will 2017 be the endgame for her political journey?

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  1. M
    Jan 10, 2017 at 7:22 am
    What G Janardan reddy who spent Rs.500 Cr on daughters' marriage and Gadkari who hired 21 planes for daughters' marriage. Is Modi going to act?
    1. A
      Anil Gupta
      Jan 9, 2017 at 4:22 pm
      Great timing of the finding. Now one needs to ask Modi why no action has been taken against Robert Vadra who had similarly astounding profits ? Let alone the Reddy brothers in Karnataka who used to be in the BJP, but are roaming around scot free now.
      1. B
        Jan 11, 2017 at 1:57 am
        Wrong on facts, Investigation is going on in both the Vadra and Reddy cases. Please remember that these people are nod going present the evidence. Getting through all benami doents takes time!
        1. D
          Dr M
          Jan 10, 2017 at 4:42 am
          Media expose and trial is not going to decide anything neither check corruption.The track record of 'no V I P conviction/punishment in this country till now the cynical public is not going to be convinced without follow up action.The present Govt if it means business must act against all wrong doers till ats logical onclusion and not be seen as taking selective/timed action of convenience.Otherwise it will be business as usual as it has been over 7 decades.
          1. K
            Kirtimaya Varma
            Jan 9, 2017 at 3:08 pm
            In the kind of democracy we have in India, corruption is no reason for a leader to lose favor among the mes. Lalu Yadav and Jayalalitha are recent examples. Mayavati is the next.
            1. L
              Layers n
              Jan 10, 2017 at 8:49 am
              Layers n layers of
              1. A
                Jan 10, 2017 at 12:06 pm
                'This is political vendetta' ~ Mayawati.I don't understand why they even claim to be a govt of Backward section when they d money by looting all these people. Is our judiciary/ECI blind ?#NOTA is my choice!
                1. A
                  Jan 10, 2017 at 12:07 pm
                  What a reply. Cheers bro
                  1. S
                    Jan 9, 2017 at 5:04 pm
                    This is just start. Why are you so eager. Why you slept for 60 years.. Belive no one will be spared not even BJPan. This makes party with difference.
                    1. S
                      Jan 9, 2017 at 3:16 pm
                      We are with Mayawati, instead those who are corrupt from inside and have earned millions. They also refused appointment of Lokayukt in Gujarat for more than 14 years, so that their ill gotten wealth cannot be exposed and now believed that by fooling country through demonetization made their black money white. Some people claimed that there is 50% black money in market to fool Indians, but when public deposited around 95% ans still depositing, they got exposed. Kick these corrupt people out. Long live Mayawati. We will support you against real corrupts.
                      1. Indrani Chakravarti
                        Jan 10, 2017 at 6:00 pm
                        Understand why she and others are shouting at highest pitch against demonetisation ?
                        1. V
                          Jan 9, 2017 at 6:15 pm
                          a paid news !!
                          1. W
                            Jan 10, 2017 at 5:09 am
                            How can anyone question "Behenjee" please? Don't you see this lady with the big fat purse is the messiah for the oppressed? A lady who has always stood for humanity. Who is the first choice for the secular, humanistic parties and intellectuals that believe India's Hindus (and by extension the BJP, RSS or anyone supporting them) are bad and only they are the ones who love the country?Her brother must have discovered an intelligent way of making mind-boggling profits, Sir. Who are we to question these secular humanists?
                            1. W
                              Jan 10, 2017 at 5:12 am
                              Mr Gupta please go and ask the Courts which gave them bail or whose trials are pending before, this question. Stop parading your antipathy to Modi. You never ask, why the Congress did not do anything about it? How can you? After all it will hurt the image of our secular parties, won't it?
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