Continuing its attack against sacked Cabinet Minister and local MP Pawan Kumar Bansal, the BJP on Friday produced more documents claiming Bansal’s family business’ registered staggering turnover due to unethical acts under Bansal’s political influence.
The BJP produced documents of audit reports of Bansal’s family owned Himachal Based Theon Pharmaceuticals, Vibgyor Designs Private limited and Bansi Raunaq Energy Group limited.
The party also put forth documents pertaining to sanctioning of loans by Canara Bank to Theon Pharmaceuticals, statement of Bansal assets in 2010 and 2012.
While addressing a Press conference here, Satya Pal Jain, BJP National incharge of the legal & legislative Cell and former Chandigarh MP said, “The documents proved that how the business of Bansal’s family has seen staggering growth in past six-seven years. They have been benefited during Bansal’s tenure in Finance Ministry from 2006 to 2009.”
Jain said, “The details of how the Canara Bank sanctioned loans in crores and extended credit facilities to Bansal Theon Pharmaceuticals, shows the misuse of political power by Bansal.”
The party submitted documents of Theon Pharmaceuticals with details including appointment of family members of Bansal as director in various years and details of loan sanctioned to the
company by Canara Bank.
Revealing more details, the BJP alleged that Vibgyor Designs Private limited took loans worth Rs57,90,000 as on March 2012 and Rs53,90,000 as on March 2011.
Earlier, Jain had alleged that Theon company owned by the Bansal’s family manufactured sub-standard medicines, tried to mint money due to exemption of excise duty and managed huge rise in financial fortunes in past five years.
The BJP also produced details of assets and liabilties of Pawan Kumar Bansal in the year 2010 and 2012. The party alleged that even as Bansal claimed that he has nothing to do with his family business, his assets statement as on March 2012 stated his spouse equity of Rs2710000 in Theon Pharmaceuticals limited and Rs 1700000 as loan to Theon.
His wife Madhu Bansal who was appointed as wholetime director of Theon had a net salary of Rs12,97,820 per annum, dividend received Rs33,60,400, net interest Rs1,84,103 in FY ending March 2011.
The BJP leader Jain added, “The CBI should investigate into the properties of Bansal and his relatives.”
The party leaders said, “The documents are with the CBI and we are hopeful of strict action against the corrupt practices adopted by the Minister during his tenure in Cabinet Ministry.”
The BJP reiterated its demand of immediate investigation into the transfers, promotions, new appointments in various posts of Railways from the time when Bansal had taken over as Railway Minister last year.