The Quint has unearthed the paper trail of an unsecured loan to a firm owned by Seema Goyal, the wife of Union Minister Piyush Goyal, from a loss-making private firm.
News website The Wire, on 3 April, reported on the Rs 650-crore loan default by Mumbai-based Shirdi Industries, which listed Piyush Goyal as its chairman until July 2010\. The Wire report states that the last statutory filing done by Intercon – a company owned by Seema Goyal – for FY 2016 shows an outstanding amount of Rs 1.59 crore to Asis Industries, a company owned by Shirdi promoters. Even as Asis extended a loan to Seema Goyal’s firm, Shirdi also had a Rs 4 crore provident fund default.
However, The Wire report makes no mention of some relevant facts and documents. According to the Registrar of Companies (ROC) documents, as accessed by The Quint, the balance sheet filed by the company owned by Goyal’s wife shows that in the FY 2013-2014, Asis Industries Ltd gave an unsecured loan of Rs 1,37,55,589 crore (over Rs 1.37 crore) at a simple interest rate of 12% per annum, while having reported a loss of Rs 1 crore approximately in the same fiscal year.