How business partners of Guj CM Anandiben’s daughter landed a good deal

February 5, 2016

New Delhi, Feb 5: Business associates of Anar Jayesh Patel, 45, daughter of Gujarat Chief Minister Anandiben Patel, own a company that's sitting on 400 acres of land near the Gir lion sanctuary in the state —and 250 acres of that land was given to that company at an official rate of Rs 15 per square metre.

anandibenAnar Patel describes herself as a social worker and an entrepreneur. Filings with the Registrar of Companies (RoC), accessed by ET, show a number of transactions between her and her business partners that started when the Gujarat government allotted 250 acres of public land in 2010-11 to Wildwoods Resorts and Realties.

Wildwoods' current promoters, Dakshesh Shah and Amol Shripal Sheth, are business partners of Anar Patel. ET sent questions to all involved, the CM, her daughter, Anar's business partners and Gujarat revenue secretary. There was no response from the Gujarat government.

Anar Patel, Shah and Sheth responded to ET and insisted all transactions were above board. ET also spoke to Sanjay Dhanak, the original promoter of Wildwoods. The land is in Gujarat's Amreli district, next to the lion sanctuary at Gir, and therefore an attractive commercial proposition.

Wildwoods also received government nod to purchase a further 172 acres of agricultural land, as well as approval to change land use from agricultural to non-agricultural.


Anandiben Patel was the Gujarat revenue minister at that time. The revenue department is the nodal authority for such land allotments.

Anandiben retains the revenue portfolio as chief minister. Her office did not respond to ET's questions. Her office and that of the state revenue secretary did not respond to the question whether allotting such large land parcels to for-profit private enterprises was common official policy, especially when beneficiaries did not have a track record of setting up largescale facilities.

The original promoter of Wildwoods said plans to build a tourist resort on that land didn't work out. Current promoters insisted there were no proscriptions against building resorts in the area and that all regulatory clearances were obtained. No resort has been built so far.

WILDWOODS 1.0 & WILDWOODS 2.0

Wildwoods is owned by Parshva Texchem and Anil Infraplus Ltd. When the land allotment orders were issued in 2010, Wildwoods was owned by Dubai-based businessman Sanjay Dhanak. Shah and Sheth took control of the company in 2011-12.

Dhanak told ET that Wildwoods had applied for the land and had planned to build a tourist resort. Parshva and Anil Infraplus are co-investors in firms where Anar Patel has a substantial stake. ET's review of documents filed with the Registrar of Companies shows a host of transactions between companies that received the government's land allotment as well as other companies run by Shah and Sheth and companies where Anar Patel has significant equity presence.

Dhanak told ET he could not remember how much was paid for the 422 acres of land. Dakshesh Shah, too, did not elaborate on the issue. He also told ET he was not aware how much Wildwoods had paid for the 422 acres since he bought into the firm in 2011 and was "not aware of previous transactions".

Dhanak, however, told ET that Shah was his partner at the time of allotment and that "he has all the books that detail all the transactions including how much was paid to change land use".


Dhanak told ET that after the allotment he changed his mind about setting up a tourist resort and wanted to cash out. "Jama nahi(My plans did not work out). Shah did not want me to sell my stake in the market and insisted I transfer it to him," he said. Dhanak said he has never been in the business of setting up resorts and only has a jewellery business in Dubai.

In an emailed response to ET, Dakshesh Shah said Wildwoods promoters weren't aware of any official advisory against building resorts in that area. He also said: "The original promoter had acquired all permissions from the respective regulatory bodies relating to land development. After acquisition of stake, no further permissions/relaxations have been given."

Shah also said he was not aware how much Wildwoods had originally paid the government for the land or the amount spent as land conversion charges. A spokesperson for Amol Sheth also did not disclose the amount Wildwoods paid. Neither did he disclose how much current promoters paid to the original promoter of Wildwoods.

MANY TRANSACTIONS

Dakshesh Shah is Anar Patel's business partner with a 50% stake in Patel's company, Anar Project. Besides, Shah's firm Parshva Texchem, which co-owns Wildwoods, is also a substantial shareholder in Anar Patel's Relish Pharmaceuticals. Shah and Anar Patel are also directors in Anar Project, Relish Pharma and 24x7 Fitness.


"Mr Dakshesh R Shah is one of my business partners. Mr Shah and me are joint promoters in Relish Pharma and he has invested in Relish Pharma from Parshva Texchem & Ms Renuka is investor in Relish Pharma," Anar Patel said in an email response to ET.

Shah told ET that Anar Patel is his business partner. He did not elaborate on the details of their dealings. "I am a businessman and I do invest in prospective projects when I find the opportunity," he said. Shah also said Wildwoods has had no financial dealings with any firm associated with Anar Patel. However, RoC filings tell a different story:

1. Anar Project filings show a "payable" of Rs 10 lakh to Wildwoods.

2. Innovative Infraplus, majority owned by Shah, advanced a Rs 2.95-crore loan to Anar Project and Rs 20 lakh to Anar Patel herself.

3. Innovative Infraplus, where Anar Project has a substantial stake, received an "advance" of Rs 8.73 crore from Amol Sheth's Anil Ltd as well as Rs 11.015 crore from Anil Mega Food Park.

4. Innovative also lists Anil Infraplus and Anil Technoplus among its creditors to whom it owes Rs 2.6 crore and Rs 15 crore, respectively.

5. Anar Project had advanced Rs 9 crore to Anil Technoplus. Sheth says the money was an "advance" against "material supplied subsequently".


6. Innovative has also loaned money to 24x7 Fitness and Aahna Solar, firms in which Anar Patel is a substantial investor.

7. Proper Dealcom, in which Shah's firm Parshva has a stake, had loaned Rs 9 crore to Relish Pharma in 2011-12.

8.Parshva Texchem also loaned Rs 2.30 lakh to Gramshree-Women Empowerment, a Section 25 company promoted by Gujarat CM Anandiben Patel and Anar Patel.

9. Innovative has also given a Rs 15-lakh advance to Gramshree, which it lists as a creditor. Amol Sheth did not comment on his business dealings with Anar Patel.

According to filings made with RoC, Sheth and Anar were directors briefly in Aahna Solar. The shareholding pattern of Aahna shows Patel, Shah and Anil Infraplus, which co-owns Wildwoods, are equal partners. In its filings, Aahna Solar states its only business is solar power generation. However, its balance sheets show that its revenues are from a restaurant and food business.

Comments

THINKERS
 - 
Saturday, 6 Feb 2016

Indian land for sale - less than HALF PRICE only....
Eligible candidate :
1. Should be close associates of PM.
2. Cheddi VIP membership only
3. Cheddi lower caste members not eligible.
Good deal to destroy the POOR of the country.... & follow the deceptive ways of life taught by their evil zionist.

TR
 - 
Saturday, 6 Feb 2016

True colors are showing. Mr. PM it is Happned right under your CM period, one by one will come out.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
May 23,2020

New Delhi, May 23: The nationwide lockdown will no longer help India in its fight against COVID-19, and in its place community-driven containment, isolation and quarantine strategies have to be brought into play, leading virologist Shahid Jameel said.

The recipient of Shanti Swarup Bhatnagar Prize for Science and Technology also stressed that testing should be carried out vigorously to identify coronavirus hotspots and isolate those areas.

"Our current testing rate at 1,744 tests per million population is one of the lowest in the world. We should deploy both antibody tests and confirmatory PCR tests. This will tell us about pockets of ongoing infection and past (recovered) infection. This will provide data to open up gradually and let economic activity resume," Jameel told PTI in an interview.

He stressed that testing has to be dynamic to continuously monitor red, orange and green zones and change these based on that data.

About community transmission of COVID-19 in India, Jameel said the country reached that stage long ago.

"We reached community transmission a long time ago. It's just that the health authorities are not admitting it. Even ICMR's own study of SARI (severe acute respiratory illness) showed that about 40 per cent of those who tested positive for SARS-CoV-2 did not have any history of overseas travel or contact to a known case. If this is not community transmission, then what is?" he posed.

Lockdown bought India time in its fight against coronavirus, but continuing it is unlikely to yield any further dividend, Jameel said.

"Instead, community-driven local lockdowns, isolations and quarantines have to come into play. Building trust is most important so that people follow rules. A public health problem cannot be dealt with as a law-and-order problem."

The nationwide lockdown, initially imposed from March 25 to April 14, has been extended thrice and will continue at least till May 31. The virus has claimed 3,720 lives and infected over 1.25 lakh people in the country so far.

Jameel has expertise in the fields of molecular biology, infectious diseases, and biotechnology. He is the CEO of Wellcome Trust/Department of Biotechnology's India Alliance and is best known for extensive research in Hepatitis E virus and HIV.

He said COVID-19 will eventually be controlled through herd immunity, which is acquired in two ways – when a sufficient fraction of the population gets infected and recovers, and with vaccination.

"It is estimated that for SARS-CoV-2 at least 60 per cent of the population would have to be infected and recovered, or vaccinated. This will happen over the course of the next few years," Jameel said.

Herd immunity is reached when the majority of a population becomes immune to an infectious disease, either because they have become infected and recovered, or through vaccination. When that happens, the disease is less likely to spread to people who aren't immune, because there just aren't enough infectious carriers.

"India has 1.38 billion people, a population density of about 400/sq km and a healthcare system ranked at 143 in the world. If we allow 60 per cent people to get infected quickly in the hopes of herd immunity, that would mean 830 million infections," Jameel said.

"If 15 per cent need hospitalization that means about 125 million isolation beds (we have 0.3 million). If five per cent need oxygen and ventilatory support, this amounts to about 42 million oxygen support and ICU beds; we have 0.1 million oxygen support beds and 34,000 ICU beds. This would overwhelm the healthcare system causing mayhem," he said.

Jameel said if the population level mortality is 0.5 per cent that would mean 40 lakh deaths. "Are we prepared to pay this price for herd immunity in the short term? Clearly not," he said.

He said it is unlikely that a vaccine would be available by the end of the year.

"Even then, we don't know yet how long it would give protection – weeks, months, one year, a few years? I don't think we will return to pre-coronavirus days for at least the next 3-5 years. This is also a chance to evaluate if we want to return to those unsustainable, environment-damaging ways. COVID-19 is a timely warning to reform our way of living," he said.

Jameel said it is hard to predict but plausible that COVID-19 would return in second or third wave.

"Later waves come when we don't understand the disease and become lax. A comparison to Spanish Flu is not entirely valid because in 1918 no one knew what caused it. No one had seen a virus till the mid-1930s as the electron microscope needed to view those was invented in 1931," he said.

"Today we know a lot more about the pathogen, its genetic makeup, how it transmits and how to prevent it. We need to be sensible and follow expert advice," he said.

If there is any scientific evidence linking deforestation, rapid urbanisation, climate change with pandemics like COVID-19, he said zoonotic viruses -- those that jump from animals to humans -- happen so when wild animal–human contacts increase.

"Deforestation destroys animal habitats bringing them closer to humans. When you cut forests, bats come to roost on trees closer to human habitations. Their viruses in secretions/stool get transmitted to domestic animals and on to humans. This happened clearly with Nipah virus outbreak in Malaysia in 1997-98 from fruit bats to pigs to humans," he said.

"COVID-19 possibly arose in wet animal markets due to dietary habits that bring all kinds of live and dead wild animals in close contact with humans," Jameel added.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
June 25,2020

Patna, Jun 25: At least 83 people died due to thunderstorms in Bihar in the last 24 hours, according to Chief Minister's Office.

Bihar Chief Minister Nitish Kumar announced Rs 4 lakhs each for the families of deceased.

Thirteen people died in Gopalganj, 8 each in Madhubani and Nawada, 6 each in Baghalpur and Siwan, 5 each in Darbhanga, Banka, East Champaran and 3 each in Khagaria and Aurangabad.

Due to thunderstorms, two people each lost their lives in West Champaran, Kishanganj, Jamui, Jahanabad, Purnia, Supaul, Buxar, Kaimur while one death each was reported in Samastipur, Shivhar, Saran, Sitamarhi and Madhepura.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 3,2020

New Delhi, Jun 3: Over 1 lakh scanned copies of Indians' national IDs, including Aadhaar, PAN card and passport, have been put on dark web for sale, cyber intelligence firm Cyble said on Wednesday.

The leaked data seems to have originated from a third party and not from the government system, according to a report by Cyble.

"We came across a non-reputed actor who is currently selling over 1 lakh Indian National IDs on the dark net. With such a low reputation, ideally, we would have skipped this; however, the samples shared by the actor intrigued our interest -- and also the volume. The actor is alleged to have access to over 1 lakh IDs from different places in India," Cyble said.

The personal data leaked by cyber criminals leads to various nefarious activities such as identity thefts, scams, and corporate espionage. Many criminals use the personal details in the IDs to win trust of the people over a phone call for fraudulent activities.

Cyber criminals leak personal data of 2.9 cr job-seeking Indians on dark web for free

The Cyble researchers acquired around 1,000 IDs from the seller and confirmed that the scanned IDs belong to Indians.

"Preliminary analysis suggests that the data originated from a third party, and no indication or artefact is indicating that it came from a government system. At this point, Cyble researchers are still investigating this further -- we are hoping to share an update soon," Cyble said.

The scanned ID documents indicate that the data may have been leaked from a company's data base in the segment where they have to comply with 'Know Your Customer' (KYC) norms.

"Cyble researchers have also learned about a surge in KYC and banking scams -- leaks such as this are often used by scammers to target individuals, especially elderlies," Cyble said.

The cyber intelligence firm has recommended people to refrain from sharing personal information especially financial information over phone, e-mail or SMS.

"Regularly monitor your financial transaction, if you notice any suspicious transaction, contact your bank immediately," the company said.

In May, Cyble showed two instances where personal data of 7.65 crore Indians have been put on sale in the dark web. In one instance, the seller claimed to have sourced data of 4.75 crore Indians from online directory Truecaller and in other, the seller claimed to have sourced from job websites.

Truecaller, however, had denied the claim of breach in its database.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.