The state government was quick to respond saying no money transaction has taken place and there was no need for make a fuss.
Citing official documents, senior AAP leader Anoop Nautiyal said an MoU was signed between the state government and International Oil Corporation (IOC), UAE; Kabul and Hong Kong-based Nuwam Limited for an investment worth USD 500 million on December 9 in New Delhi in the presence of Chief Minister Harish Rawat.
Nautiyal questioned whether "they were just a front for money laundering".
He said five questions have gone unanswered so far including the year when IOC (UAE) and Nuwam Limited were founded, the names and addresses of their directors. objectives of the companies and articles of their association.
Also Read
He also questioned BJP's silence over the issue. "We ask BJP to wake up from its slumber and make its own inquiries into the fraud," he said.
AAP has put the matter into public domain in the interest of the state, Nautiyal said adding a party delegation led by him met Director Vigilance Ashok Kumar here yesterday to draw his attention to the alleged fraud.
Reacting to the allegations, Chief Minister's media incharge Surendra Kumar said, "The MoU is in initial stage and no money transaction has taken place. So there is no need for make a fuss, which could affect the investment climate in the state."
He said the pact was part of state government's efforts to find possibilities in the state.