MUMBAI: The income tax (IT investigation) department is searching the premises of influential Shiv Sena corporator Yashwant Jadhav and his MLA wife Yamini Jadhav at the Byculla area of South Mumbai.
Jadhav is chairman of BMC‘s powerful Standing Committee that has final authority to approve all big financial proposals of the civic body.
The IT is also searching the premises of a few BMC contractors.
Shiv Sena is ruling the BMC civic body for over two decades and the next election is to take place in a couple of months.
Last year, the IT conducted a probe into the election affidavit of Shiv Sena’s Byculla MLA Yamini Jadhav and called it “erroneous”.
Referring to a loan mentioned in the affidavit, the IT said that “from the gathered facts, it can be inferred that Rs 1 crore does not partake the character of loan taken by her but it is (her) own money and accordingly, the particular about the liability on this account disclosed in the affidavit filed by her is erroneous.”
IT had taken up Yamini’s 2019 election affidavit for scrutiny, where she had declared assets worth Rs 7.5 crore, and her husband’s wealth a Rs 4.6 crore. She also mentioned the Rs 1 crore loan from Pradhan Dealers. IT investigation found that Pradhan Dealers was controlled by Kolkata hawala operator Uday Shankar Mahawarthrough two other companies: Skyline Commercial Ltd and Supersoft Suppliers Ltd.
In his statement to IT, Mahawar admitted that he provided accommodation entries to several shell companies. The present director of Pradhan Dealers, Chandrashekhar Rane, and former director Priyesh Jain admitted they were dummy directors working on instructions Mahawar. They all admitted to indulging in illegal financial transactions and helping the Jadhav couple to legitimise their unaccounted for cash.
Jadhav is chairman of BMC‘s powerful Standing Committee that has final authority to approve all big financial proposals of the civic body.
The IT is also searching the premises of a few BMC contractors.
Shiv Sena is ruling the BMC civic body for over two decades and the next election is to take place in a couple of months.
Last year, the IT conducted a probe into the election affidavit of Shiv Sena’s Byculla MLA Yamini Jadhav and called it “erroneous”.
Referring to a loan mentioned in the affidavit, the IT said that “from the gathered facts, it can be inferred that Rs 1 crore does not partake the character of loan taken by her but it is (her) own money and accordingly, the particular about the liability on this account disclosed in the affidavit filed by her is erroneous.”
IT had taken up Yamini’s 2019 election affidavit for scrutiny, where she had declared assets worth Rs 7.5 crore, and her husband’s wealth a Rs 4.6 crore. She also mentioned the Rs 1 crore loan from Pradhan Dealers. IT investigation found that Pradhan Dealers was controlled by Kolkata hawala operator Uday Shankar Mahawarthrough two other companies: Skyline Commercial Ltd and Supersoft Suppliers Ltd.
In his statement to IT, Mahawar admitted that he provided accommodation entries to several shell companies. The present director of Pradhan Dealers, Chandrashekhar Rane, and former director Priyesh Jain admitted they were dummy directors working on instructions Mahawar. They all admitted to indulging in illegal financial transactions and helping the Jadhav couple to legitimise their unaccounted for cash.
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