Ashoka Buildcon denies financing any construction of Bhujbal

Infrastructure firm Ashoka Buildcon today said it has neither financed any construction by the family of former Maharashtra Deputy Chief Minister Chhagan Bhujbal nor sponsored then MP Sameer Bhujbal's trip to FIFA World Cup in South Africa.
Bhujbal was sent to 14-day judicial custody by a Special Court of the Prevention of Money Laundering Act in Mumbai on March 17 after he was arrested by the Enforcement Directorate which is probing money laundering and other cases against him.
"Ashoka Buildcon Ltd clarifies that it has not contributed or financed any of the constructions of Bhujbal family including their Bungalow at Nasik," the company said in a filing to the BSE.

"It has not sponsored the trip of Sameer Bhujbal then MP to watch and attend the FIFA World Cup in South Africa," it said.
Claiming the company has always followed ethical practices, it said that certain allegations had been made in media at Nasik yesterday wherein Ashoka Buildcon had been mentioned in respect of certain allegations made against Chaggan Bhujbal and his family.
"Ashoka Buildcon generally does not respond to stray and baseless news items but in view of the specific allegations and the nature involved we are constrained to give ...Clarification," its Chief Financial Officer Paresh C Mehta said in the filing.