Tuesday October 23, 2018
Home Politics Two Kolkata-b...

Two Kolkata-based companies under scanner for buying Mamata Banerjee’s paintings

0
//
97
Republish
Reprint

chit-fund222

By NewsGram Staff Writer

The Central Bureau of Investigation and the Enforcement Directorate have pinned down two Kolkata-based firms because of their dubious balance sheets. The two companies despite having minimal profits, as displayed in their balance sheets, have spent crores for buying paintings drawn by West Bengal’s Chief Minister Mamata Banerjee.

One of the companies has its office a British India Street while the other is located on Camac Street in Kolkata.

According to a news report, the balance sheet of British India Street firm shows a total earning of Rs 36,000 in 2009-10 and 2010-11. However, despite the meager income the firm invested Rs 2.31 crore to buy at least nine paintings, reportedly drawn by Mamata Banerjee, before assembly elections.

Reportedly the other company shows an income of Rs 33,000, but spent Rs 2 crore on two paintings, reported the Times of India.

The investigators probing the case are trying to determine whether the bank accounts of the two companies became inactive immediately after the elections were over.

TOI reported an officer as saying, “It is possible that they may have posted bigger profits later but unless the company produces those account sheets, the probe will continue.”

Based on the recorded statements, the investigators have found out that the British India Street office has not been opened in months.

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

CBI Writes to Cambridge Analytica, Facebook And GSR Regarding Data Breach Cases

The CBI got the reference from the Ministry of Electronics and Information Technology, in July, to investigate the role of Cambride Analytica

0
Case Against NDTV Founders
Central Bureau of Investigation (CBI). Wikimedia

The CBI has written to UK-based Cambridge Analytica and Global Science Research (GSR) and US-based Facebook, seeking information in connection with its probe into allegedly illegally obtaining social networking site data of Indians, sources said on Monday.

According to Central Bureau of Investigation (CBI) sources, the agency has written to the Cambridge Analytica’s New York City office, GSR office in UK and Facebook’s US office.

The agency’s moves comes in the wake of a “Preliminary Enquiry (PE)” it registered against the firms after receiving a reference from the Centre to start a probe into the matter on August 8.

The CBI got the reference from the Ministry of Electronics and Information Technology, in July, to investigate the role of Cambride Analytica.

Facebook
Facebook App on a smartphone device. (VOA)

Union Information Technology Minister Ravi Shankar Prasad on July 26 had also told Parliament that the government has ordered the CBI to probe and find out if the British company had violated Indian laws.

Cambridge Analytica — a company owned by the hedge fund billionaire Robert Mercer — declared bankruptcy this year following allegations that it used personal information harvested from 87 million Facebook accounts to help Donald Trump win the 2016 US presidential election.

Also Read- Apple Responds to Disappearing iTunes Movie Purchase Issue

The firm is accused of mining personal information without authorisation in early 2014, to build a system that could profile individual US voters, in order to target them with personalised political advertisements. (IANS)

Next Story