The Nationalist Congress Party has filed a complaint with the Economic Offences Wing (EOW) after Sharad Pawar’s name figured as a director in a London-based company SGFX Financials, with which he claims to have no connection.
NCP spokesman Nawab Malik said Pawar had nothing to do with the company and does not know the individuals involved in the firm.
“Pawar’s name has been used fraudulently with malafide intentions and we want the police to find out the truth. So, a complaint with the EOW has been filed yesterday after taking legal opinion,” Malik said today.
In his complaint, the former Union Minister has said that he did not authorise anyone in the UK firm to name him as director.
Reportedly, Pawar has named two directors of the company–Sarvesh Narendra Bharde and Shahnaz Ashraf Bharde– as the two individuals who ‘falsely and fraudulently’ submitted his name without his knowledge and incorporated the dubious firm.
The value of the company shares is said to have shot up from Rs. 70 crores in January 2011 to Rs. 7 lakh crores in June 2011.
According to SGFX, Pawar was made director of the company on December 13, 2010 till his resignation on January 5, 2011.
