Amar Pledges to Provide Details of Shares, Dares Maya to Act

Accusing UP chief minister of victimizing him, SP general secretary Amar Singh has said that he will provide all details of his shares in various companies and dared her to act against him.

He told media persons: “I will send Mayawati all details of my share-holdings in various companies whether it is Mukesh Ambani’s company, or Infosys, NTPC or ONGC. She can lodge criminal FIRs against all of them in Babupurwa police station (Kanpur).”

It may be mentioned that for alleged misappropriation of funds, an FIR was lodged against Singh, his wife Pankaja and cine star Amitabh Bachchan in Babupurwa last week.

Singh contended that increase in share-capital with mutual agreement of different companies and share-holders, and mergers with consent of jurisdiction of High Court concerned was a legal process.

He also gave instances of corporate tycoons like Mukesh Ambani who acquired Rs 15,000 worth of shares in his own company, and Infosys chief mentor Narayan Murthy who withdrew Rs 200 crore from his company for promoting venture capitalists.

“Is Mayawati above Income Tax department, the union government’s company affairs ministry or the High Court where such a deal is registered?” he asked.
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