Under CBI lens, 6 corporations owned by Maharashtra former minister Anil Deshmukh’s sons

A Kolkata-based firm is amongst over half-a-dozen corporations owned by the 2 sons of Anil Deshmukh, former dwelling minister of Maharashtra, which have come below the scanner of the Central Bureau of Investigation (CBI), sources have advised The Indian Express.
The Kolkata agency has been working from an deal with that’s a identified hotspot of shell corporations, the sources added.
The CBI is investigating Deshmukh for corruption and alleged “attempt to obtain undue advantage for improper and dishonest performance of the public duty”. The company can also be probing Deshmukh for exercising “undue influence” over transfers, postings of police officers within the state and influencing the efficiency of officers as alleged by former Mumbai Police commissioner Parambir Singh.
As a part of its corruption probe, the CBI, sources stated, is analyzing the monetary information of corporations owned by Deshmukh’s sons, Salil Deshmukh and Hrishikesh Deshmukh, together with the Kolkata-based Zodiac Dealcom Pvt Ltd.
Sources stated the registered deal with of Zodiac Dealcom is 9/12 Lal Bazaar, Block E, Second Floor, Kolkata. It’s in a colonial-era constructing known as Mercantile Buildings, which was recognized as a hotspot of over 400 shell corporations in 2017 by a process pressure appointed by the Central authorities in the course of the course of a crackdown on shell corporations and black cash.
While quite a few these shell corporations had been subsequently shut down by the Ministry of Corporate Affairs (MCA), information of the Registrar of Companies (RoC) present that over 100 of them are nonetheless energetic from the identical constructing. At least 30 of those energetic corporations have their registered workplace on the similar deal with as that of Zodiac Dealcom.
Records present that as of March 2019, Zodiac Dealcom was owned by 4 corporations — Ayati Gems Pvt Ltd, Concrete Real Estates Pvt Ltd, Atlantic Vista Real Estates Pvt Ltd and Concrete Enterprises Pvt Ltd — all managed by Salil, Hrishikesh and some different members of the family of Anil Deshmukh.

Deshmukh declined to touch upon the CBI investigation into the businesses owned by his sons. “I have no comments,” he stated on the telephone.
According to the monetary assertion of Zodiac Dealcom for monetary yr 2017-2018 — the most recent yr for which paperwork can be found — the agency recorded gross sales of Rs 16 lakh, the primary time since 2015 (the earliest accessible information), but it surely has not specified the character of the gross sales. The firm had reserves and surplus of Rs 10.32 crore and prolonged loans of Rs 7.56 crore to associated events and some others. The firm has not disclosed the names of the associated events that acquired the loans. The monetary statements additionally reveal that Zodiac Dealcom holds unquoted fairness shares of an unidentified firm price about Rs 3 crore. Zodiac Dealcom, acquired by the Deshmukh household in 2010 from the unique house owners of the corporate, has no fastened belongings and no staff besides the 2 administrators, Salil and Hrishikesh.
The CBI initiated an inquiry in opposition to Anil Deshmukh after the Bombay High Court directed the company to look into the allegations of corruption leveled by Parambir Singh in opposition to him.
On March 20, Singh, in an eight-page letter to Chief Minister Uddhav Thackeray, alleged that Deshmukh requested now suspended API Sachin Waze to gather Rs 100 crore each month, together with Rs 40-50 crore, from 1,750 bars and eating places in Mumbai.

Waze is being investigated by the National Investigation Agency (NIA) for his alleged function within the Ambani home bomb scare and the homicide of businessman Mansukh Hiran.
Waze had earlier submitted a letter to the NIA court docket supporting the allegations made by Singh in opposition to Deshmukh and likewise levelling expenses in opposition to Transport Minister Anil Parab of the Shiv Sena. Waze has alleged that Deshmukh has requested him to pay Rs 2 crore for his reinstatement with the Mumbai Police. The court docket nonetheless, has not taken the letter on document.