No business links with Kanishka, says Emaar MGF

Image
IANS New Delhi
Last Updated : May 03 2016 | 11:13 PM IST

Emaar MGF Land Ltd. on Tuesday said the real estate company had no business links with Rahul Gandhi's aide Kanishka Singh while Guido Haschke was its independent director for a "brief period in 2009".

Haschke's name figures in connection with the AgustaWestland chopper deal.

Bharatiya Janata Party (BJP) MP Kirit Somaiya had accused Kanishka Singh of holding shares in Emaar MGF, which he said also had Guido Ralph Haschke as its director.

"Emaar MGF has no business links with Kanishka Singh and any allegations to link us to Singh is baseless and incorrect. Kanishka Singh has never had any direct or indirect business interest, including as a shareholder or promoter or director, in Emaar MGF," a company statement released here said.

"We would like to put on record that Guido R. Hashke was an independent non-executive director for an extremely brief period of two months and 12 days, i.e., from September 25, 2009, to December 7, 2009, and Emaar MGF has had no other association with him or any of his businesses/associates," the statement added.

Hashke's name surfaced in a judgment of an Italian court regarding payment of bribes in the sale of AgustaWestland choppers in India.

Kanishka Singh also said that "all the allegations are baseless, false and given with an ulterior political motive".

The Congress described the allegations preposterous propaganda by the Bharatiya Janata Party.

--IANS

vin/tsb/vt

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 03 2016 | 11:00 PM IST

Next Story