Did ‘Firms’ linked to Dera chief Ram Rahim clear slush funds?

The link between a Punjab based chit fund company owner, who was jailed last year and Ram Rahim is likely to be probed for benami investments to get to bottom of the Dera’s affairs.

Published: 29th August 2017 07:36 AM  |   Last Updated: 29th August 2017 07:36 AM   |  A+A-

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu, November 15, 2016. (Photo | Reuters)

Image used for representational purpose.

Express News Service

NEW DELHI: The nondescript lanes leading to the second floor of RR Block in Mianwali Nagar in Paschim Vihar tells the tale of deadly cocktail of political and religious power. The cramped place houses several mail box companies floated by the close aides of disgraced Dera Sacha Sauda Chief and rape convict, Baba Ram Rahim.

The companies according to sources are maintained for merely book entry and to clear slush funds. The link between a Punjab based chit fund company owner, who was jailed last year and Ram Rahim is likely to be probed for benami investments to get to bottom of the Dera’s affairs, which has been witnessing political appearance of all shades and ideology since long.

Baba’s close aides run a paper company Dashmesh Fashions Private Limited at RR-11 Minawali Nagar. The company was incorporated in 2001. When it was floated, the company used the email id – fincor7@gmail.com in the Ministry of Corporate Affairs record. Later Baba’s associates launched Sach Lifeline Entertainment Private Limited in August 2010. The firm’s objective was market research and public opinion polling. The company was registered at the same address and same email id was used in the registration. The same year Baba’s close aides launched ‘Nobel Advertisers Private Limited. This company supposed to be making commercials for films and Television and runs from the same room of Mianwali Nagar.

In May 2011 ‘Arz Unique Enterprises’ was floated and company’s objective was ‘wholesale businesses without any specialized activities. The company incorporated at Mianwali Nagar had furnished the same email id. Another company Cloud Nine Marketing Private Limited registered at the same address has similar objective of ‘wholesale business.’ ‘Samag Enterprises’ launched by Baba’s aides at the same address is also in wholebusiness. Another firm ‘Dua Healthcare’ was floated in 2011 to manufacture basic chemicals. The firm operates from the same Mianwali Nagar address.

In 2014, Baba Ram Rahim’s close aide launched another company ‘Upkar Pesticides Private Limited. The company with objective to manufacture basic chemicals operates from the same room and the Ministry of Corporate Affairs was provided with same email id for communication.

Away from maze of paper firms, Baba Ram Rahim runs a well known company ‘Hakikat Entertainment Private Limited’ that has so far produced his 4 films under the banner. The Company was incorporated in September 2009  with an authorized share capital of Rs 15 Crore to make motion pictures. Although the company was registered at a different address in Delhi, it provided the same email fincor7@gmail.com in Corporate Affairs records. There are 4-5 other companies that use same set of address and details with the Ministry. Ram Rahim himself is Director of only one company ‘Posh Real Estate Private Limited’ that was floated in April 2013 to build apartments and hotels.

Interestingly, this company too has given the same email id for communication with the Ministry. Baba Ram Rahim recently entered into FMCG launching over 150 products including food items and cosmetics under ‘MSG All Trading International Private Limited’. The company, incorporated in Delhi in March 2015, had filed similar details for the registration.  

The Punjab and Haryana High Court has already ordered to attach the properties of Dera Sacha Sauda after his followers went on rampage last week in Panchkula. Baba runs a 700 acres Ashram in Sirsa and around 30 other ashrams, educational institutions in North India, which is estimated to be worth thousands of crores. Besides, Ram Rahim runs another Ashram Dera Sacha Sauda at Kikranwali in Rajasthan, another Ashram in Muktsar Punjab and around 6 institutions including a mobile unit under the banner of ‘Shah Satnam Ji Specialty Hospitals’ worth hundreds of crores.

Baba had also floated Dera Sacha Sauda in Canada as a Soliciting company in December 2014. His daughter, Charn Preet Kaur Insan was on the board of directors. Three years later the house in Ontario, 390 5th Concession Road West, Hamilton, the Dera’s registered office is up for sale. The Dera trust runs another Ashram in California, USA.

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