Jaipur: Many top leaders including Niharika Raje, daughter-in-law of BJP leader and former Rajasthan Chief Minister Vasundhara Raje, has been named in the Pandora Papers case. She has been named as a “beneficial owner” of an entity in Belize, a tax haven in Central America.
According to a report, a Panama-based trust Render Overseas SA on Nov. 2010 had stated that "we have no beneficial interest in the holding of one ordinary share of just one 1 USD in our name in the capital of Octavia Limited of 60 Market Square, Belize City, Belize…the whole of the said share being held for Niharika Raje of Lekha Vihar, Scindia Potteries, Near Bikaji Cama Place Flyover, 110066 New Delhi, India absolutely (hereinafter called the Beneficial Owner).”
Niharika Raje is the wife of Jhalawar MP Dushyant Singh who had declared his and Niharika's assets and liabilities along with his nomination papers for the 2009, 2014 and 2019 Lok Sabha elections. However, he had not mentioned Octavia Limited in his property assets. It is being told that the right related party i.e. Raje family has told that there should be no relation with any such company.
Rendor Overseas S.A. was also listed in the Panama Papers as one of the entities which was a shareholder of some other companies.
A search of the Belize Companies Registry now shows Octavia Limited as a dormant company.
The International Consortium of Investigative(ICIJ) acquired a repository of more than 1.19 crore confidential files and led a team of over 600 journalists from 150 news outlets, who sifted through them for two years. The Pandora Papers is based on the investigation of 1.19 crore documents from the financial services of more than 600 journalists of the media world. The ICIJ tracked down hard-to-find sources and also scrutinized court records and other public documents from dozens of countries.
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