AAP received black money as funds: Jaitley


Posted on 5th Feb 2015 12:21 pm by mohit kumar

New Delhi, Feb 4 (IANS) Finance Minister Arun Jaitley Wednesday accused the AAP of receiving black money, and termed the party a "brilliant propagandist" who wears the "label of honesty" on its sleeves.

Jaitley said in an article on the Bharatiya Janata Party website that the Aam Aadmi Party received black money through fake companies.

"It disclosed the names of a large number of corporate entities from whom it received donations by cheques," Jaitley wrote.

"The disillusioned AAP members appear to have conducted a search of these with the Registrar of Companies. The search uncovered the curious character of the donor companies," he added.

Referring to the AAP getting Rs.2 crore through cheques, the minister said there were lots of fake companies which were converting black money into white.

"The companies do not do any business. They have no profits from any legitimate business. They are 'entry lending companies'."

"The functioning of these 'entry lending companies' is very simple. At times, there are a large number of inter-connected companies created through a multi-layering process. Money is transferred from one to another. The companies are registered at obscure addresses," he wrote.

Did you know?Explore Trending and Topic pages for more stories like this.
0 Like 0 Dislike
Previous news Next news
Other news

Over 67 thousand patients grew in a single day, 57 thousand were cured, 950 people died; 23.95 lakh cases in the country so far

The number of corona patients in the country has increased to 23 lakh 95 thousand 417. A record 6

Modi government gives emergency approval to another weapon against Corona, the Russian vaccine Sputnik V

The country has found another weapon to fight the epidemic amid Corona's record cases. The centra

PM Modi: 'Work has been done to strengthen the judicial system in the last eight years' said PM Modi

Prime Minister Narendra Modi reached Vigyan Bhawan today to attend the inaugural session of the f

Women Celebrate Spirit of Experimentation through Films

New Delhi March 3 (IANS) Women filmmakers across the glob

Election politics in Bengal: Nadda did a roadshow in Malda, said in the rally - Mamta Ji is now regretful of hot, when the bird has devoured the field

The electoral atmosphere in West Bengal is hot. BJP is starting the Parivartan Yatra on Saturday.

India said on the Ocus agreement that France and China are irritated by

Prime Minister Narendra Modi is leaving for a three-day visit to the US on Wednesday where he wil

'If any Imam comes to the village, immediately call the police station, Assam CM issued strict guidelines

Assam CM Himanta Biswa Sarma issued strict guidelines (SoP) regarding Imams on Monday. He said th

Reliance Power Shares Surge: What’s Driving the Massive Rally After Stock Fell to ₹24?

Reliance Power shares gained around 3% in early trading, touching ₹25.30, after the Anil Ambani

DC vs RCB: 'I'm surprised myself...' — After thrashing Delhi, RCB captain Rajat Patidar reveals the secret behind the victory.

RCB defeated the Delhi Capitals by 9 wickets in the 39th match of IPL 2026, securing their sixth

Lalu Yadav Bail Granted: Jharkhand High Court granted bail to Lalu Yadav, will come out of jail

Ranchi, State Bureau. Lalu Yadav Bail Latest News Jharkhand High Court has granted bail to Lalu P

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash