Kushwaha, who is in judicial custody, had set up two Educational trusts in Kanpur and purchased two private companies to route the alleged illegal gratification with the help of his associates, agency sources claimed.
They said that the alleged bribe received by Uttar Pradesh Minister of Family Welfare in the previous Maywati government was first invested in companies across Kanpur, Delhi and Kolkata which then issued cheques to the two trusts as donation.
Some of the money was also allegedly invested in Kushwaha's companies which was again given as donation to the Educational Trust, they alleged.
The sources said Kushwaha had allegedly taken professional help of Kanpur based Chartered Accountants to route his money through various companies back into his trusts.
They said Kushwaha had allegedly purchased a distributor firm and a coaching centre in addition to setting up two trusts to route the alleged bribe received by him to award contracts related to medical supplies under the NRHM.
So far, CBI sources claimed to have unearthed money trail of nearly rs 40 crore which was invested into the trusts in many installments.
CBI scrutiny of one of the trusts' account has shown a number of "unexplained" transactions, which, the agency has found, were alleged bribes routed through various companies, they claimed.
The agency has zeroed in on at least 12 such companies for alleged routing of spoils from National Rural Health Mission funds. MORE
