Published On: Sat, Jan 10th, 2015

IAS officer R K Verma’s wife summoned in black money case

New Delhi: The black money trail on Friday took a curious turn with a Delhi court which is overseeing the prosecution summoning the wife of R K Verma, an IAS officer and controversial power secretary in the Sheila Dikshit government, for allegedly stashing unaccounted money in offshore banks of British Virgin Islands.

 IAS officer R K Verma

IAS officer R K Verma

The move against R K Verma’s wife Ritu Verma came after the court took cognisance of the prosecution initiated by the Income Tax department against her.

Tis Hazari Additional Chief Metropolitan Magistrate (Special Acts) D K Sharma has directed Ritu Verma to appear before the court on February 9.

When asked about the case against his wife, R K Verma said: “All allegations against her are wrong. There is nothing like that”.

The Income Tax Department submitted before the court that Ritu floated a company ‘Windsor Incorporation Inc’ which began operations in July 2007 with 50,000 shares of one dollar each which in Indian rupee equivalent comes to Rs 30 lakhs (at present conversion rate).

However, the memorandum of association and other company documents say it is involved in “investment”.

“She was the sole director of the proprietary company. She neither declared the company or Rs 20 lakh in foreign shores in her income tax declaration which meant that this was unaccounted money,” the IT Department told the court.

A housewife, Ritu Verma, gave the official residential address of her husband when Windsor was being incorporated.
Her bank account in the British Virgin Islands carries the same address.

“Since Ritu is a housewife, it seems improbable for her to earn such a huge amount of money to own shares in a $50,000 company. There is a possibility that the unaccounted money may have been channelled by her IAS officer husband, who has been accused of being responsible for several scams from Transport to Power Department and is close to the Delhi CM,” the BJP Delhi unit said, when they had demanded a probe into the Verma’s black money case.

Verma was finally shifted on December 20, 2013 from power to department of higher education after Arvind Kejriwal assumed charge as chief minister. Thereafter, Verma took voluntary retirement.

Verma’s wife name came in light earlier last year in connection with the alleged kickbacks paid in the AgustaWestland helicopter scandal, among 612 Indians whose names were published in a global media exposé.

Innputs with Mail Today

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