He pointed out that “on September 23rd, 2014, there was a meeting of Young India with Board of Directors at Sonia’s residence at 10, Janpath, where a resolution was passed in which the Congress president wanted an extension for returning a loan of Rs one crore that Young India has got from Messrs Dotax Merchandise Company.’
“Following investigation of Messrs Dotax company by the authorities , it was pointed out “something murky comes out” a man named Uday Shankar Mahavar, deposed before the income tax authorities in Kolkatta on 25th of August 2015. Shankar Mahavar is the owner of 200 companies and one of his company’s name is Dotax merchandise,” Patra said at a press conference.
“When Uday Shankar was asked about the work of his companies, he said that our company converts black money into white money,” he added.
He also said that the dummy directors of the ‘Jammah Kharchi’ companies were formed by Shankar; some companies have been purchased by him from the market and were sold after raising bogus share capital.
Patra said that Shankar had claimed to have purchased various companies and using the bogus share of these companies to transfer the money to various bank accounts.
“The documents showed numerous ways of converting black money into white money. Dotax company was owned by Uday Shankar who gave loan to Young India owned by the first family of Congress,” he said.
BJP leader Subramanian Swamy had earlier filed a complaint, saying that Congress leaders were involved in cheating and breach of trust in the acquisition of Associated Journals Ltd (AJL) by Young Indian Pvt Ltd (YIL).
A trial court had on June 26 last year directed Sonia Gandhi, Rahul Gandhi, Congress treasurer Moti Lal Vora, Congress leader Oscar Fernandes along with several others to appear before it on August 7, 2014, on Swamy’s complaint.