Congress releases more documents alleges Raje had financial links with Lalit Modi

It had earlier come into public domain that Modi had invested Rs 11.63 crore in Singh’s firm through purchase of shares and through an unsecured loan.

The payment, according to reports, was made in 2009 by way of an unsecured loan of Rs 3.80 crore and later by acquiring 815 shares in two installments. The Congress had earlier alleged that Modi bought these shares of Rs 10 at a whopping Rs 96,180 each.

The Congress’s allegation was that Raje too owned shares in Niyant Heritage Hotels Pvt Ltd and hence she is also a beneficiary of the “windfall favour” by Modi. The party released the affidavit filed by Raje for the Assembly election in 2013. It claimed she owned 3,280 shares. “The BJP has been saying that there is no financial ties between Raje and Lalit Modi. Her own election affidavit makes clear the financial links between them,” Congress spokesperson Ajoy Kumar said.

“The beneficiaries of the windfall favour by Lalit Modi was not only Raje’s kin, but she herself profited directly as a one-third owner of the company,” he said.

The Congress also released the MoU between the Rajasthan government and Portugal’s Champalimaud Foundation, where Modi’s wife was treated, for establishing a centre of excellence for cancer care in Jaipur. Releasing the document, general secretary C P Joshi said Raje “blatantly violated government financial rules and all laid down procedures of financial, tendering and administrative propriety to help the Portuguese Medical facility that was treating Modi’s wife.”

The MoU, he said, does not look like an agreement of equals, rather it is a “quid pro quo and a favour done”.

Calling it a “sweet deal”, he said “the dots in this deal are very easy to connect and establish not only impropriety but a clear case of corruption in which money of the public exchequer is being sloshed for crony gratification,” he added.