Black Money: ADR shows how Timblo funded political parties
- 5 years ago
Radha S. Timblo, managing director of a Goa-based mining company, and bullion trader Chamanbhai Lodhia of Gujarat, two of the three businesspersons accused of stashing black money abroad, have donated money to the BJP and Congress, according to watchdog NGOs.
While Timblo, head of Timblo Pvt Ltd, had donated Rs.1.18 crore to the BJP and Rs.65 lakh to the Congress from 2004-12, Lodhia donated Rs.51,000 to the BJP, according to the Association of Democratic Reforms (ADR) and National Election Watch (NEW).
The details of the donations made by the companies, according to a press statement, have been sourced from the list of political donations listed on the Election Commission web site.
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While Timblo, head of Timblo Pvt Ltd, had donated Rs.1.18 crore to the BJP and Rs.65 lakh to the Congress from 2004-12, Lodhia donated Rs.51,000 to the BJP, according to the Association of Democratic Reforms (ADR) and National Election Watch (NEW).
The details of the donations made by the companies, according to a press statement, have been sourced from the list of political donations listed on the Election Commission web site.
For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive