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EOW complaint for naming Pawar as director in UK company

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Press Trust of India Mumbai
The Nationalist Congress Party has filed a complaint with the Economic Offences Wing (EOW) here after Sharad Pawar's name figured as a director in a London-based company SGFX Financials, with which he claims to have no connection.

NCP spokesman Nawab Malik said Pawar had nothing to do with the company and does not know the individuals involved in the firm.

"Pawar's name has been used fraudulently with malafide intentions and we want the police to find out the truth. So, a complaint with the EOW has been filed yesterday after taking legal opinion," Malik said today.

In his complaint, the former Union Minister has said that he did not authorise anyone in the UK firm to name him as director.
 

Reportedly, Pawar has named two directors of the company--Sarvesh Narendra Bharde and Shahnaz Ashraf Bharde-- as the two individuals who 'falsely and fraudulently' submitted his name without his knowledge and incorporated the dubious firm.

The value of the company shares is said to have shot up from Rs 70 crores in January 2011 to Rs 7 lakh crores in June 2011.

According to SGFX, Pawar was made director of the company on December 13, 2010 till his resignation on January 5, 2011.
His party was open to pre-poll alliance in Gujarat where

Assembly elections are due this year, Pawar said. In 2012 state polls, NCP had a tie-up with Congress and won two seats.

"We haven't received any proposal from any party for alliance. Though our experience with Congress wasn't pleasant last time, we are still open to alliance with it," he said.

Earlier, addressing the local NCP workers, Pawar said Prime Minister Narendra Modi had failed to keep his elections promises.

"People voted for BJP because Modi made tall promises before 2014 polls. Modi had promised to increase farmers' income by 50 per cent. But after three years farmers' income has only decreased. That is why large number of farmers have ended their lives during BJP rule," he claimed.

"Initially people thought demonetisation was a good decision. However, it only took away jobs. Around 52 per cent of workers in the small industries became jobless," he said.

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First Published: Nov 19 2015 | 2:28 PM IST

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