Black Money probe: Who is Radha Timblo

A PTI report from Panaji quoted Radha Timblo as saying she needed to study the government’s affidavit before commenting on her name being included.

By: Express News Service | New Delhi | Updated: October 28, 2014 5:06 pm

Radha Satish Timblo, named in the Centre’s affidavit to the Supreme Court for allegedly stashing black money abroad, is a member of the Timblo family in Goa that operates mines and owns the 5-star Cicade de Goa resort at Vainguinim Beach.

The family’s name has earlier appeared in connection with an alleged illegality involving the transfer of a mining lease that was originally granted to Badrudin Mavani, an individual.

The Supreme Court’s central empowered committee looking into illegal mining in Goa alleged in its interim report that the ownership of the mining lease was illegally taken over by the Timblo family using a power of attorney. The concession had been granted to an individual, but had been operated as a partnership firm, in which Radha Timblo was a minority partner and Timblo Pvt Ltd held the majority.

According to election watchdog Association for Democratic Reforms, Timblo Pvt Ltd donated Rs 1.18 crore to the BJP, and Rs 65 lakh to the Congress over the seven-year period between 2004-05 and 2011-12.

As per details made available by ADR on Monday, Timblo Pvt Ltd made nine donations ranging from Rs 1 lakh to Rs 25 lakh to the BJP, and three — of Rs 30 lakh, Rs 25 lakh and Rs 10 lakh — to the Congress during this period.

A PTI report from Panaji quoted Radha Timblo as saying she needed to study the government’s affidavit before commenting on her name being included.

“I have not seen the affidavit. I need to study it before commenting anything on it,” she told reporters in Margao town on Monday afternoon.

Pressed further, she said, “Do you have the affidavit? Can you show it to me?”

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