The co-promoter of Congress president Rahul Gandhi’s UK agency Backops Restricted, UK acquired defence offsets underneath the UPA regime. Ulrik Mcknight was 35% co-owner of Backops UK, by which Rahul Gandhi owned a majority 65% fairness between 2003 and 2009 earlier than the agency was wound up. Mcknight later went on to amass offset contracts from French defence provider Naval Group towards Scorpene submarines in 2011.
Subsidiaries related to Rahul Gandhi’s former enterprise associate acquired defence contract as an offset associate of the French agency Naval Group throughout UPA regime, paperwork accessed by India Right this moment point out. Whereas BJP and Congress celebration have been at loggerheads on the difficulty of Congress President Rahul Gandhi’s citizenship difficulty, paperwork launched by each the events have established that Rahul Gandhi did open an organization named Backops Restricted in UK in partnership with a person named Ulrik Mcknight.
Based on filings made by the Backops UK, Rahul Gandhi and Mcknight have been the founding administrators of the corporate the place Gandhi owned majority 65% shares and Mcknight owned 35% shares as on June 2005. Based on election affidavit filed by Congress president in 2004, Rahul Gandhi declared movable belongings belonging to Backops Europe, together with financial institution steadiness in its three accounts. This firm was dissolved in February 2009.
Rahul Gandhi has additionally been related to an organization with related title Backops Providers Personal Restricted the place his sister and Congress Basic Secretary Priyanka Gandhi Vadra served as a co-director. Rahul Gandhi in his election affidavit of 2004 declared that he owned 83% shares on this Indian agency and had made a capital funding of Rs 2.50 lakh in the identical. Included in 2002, this firm was too dissolved later and its final returns have been filed in June 2010. Nonetheless, Rahul Gandhi’s former enterprise associate and his future firms went to learn from offset contracts given by French defence firm.
Curious case of Rahul Gandhi’s enterprise associate
The Defence Deal
In 2011, as a part of its offset obligations, French defence manufacturing firm Naval Group (previously referred to as DCNS) had signed a contract with Visakhapatnam-based Flash Forge Personal Restricted for the provision of crucial elements for the Scorpene submarines being constructed at Mumbai’s Mazagon Dock Restricted (MDL). The French agency was underneath contract to work with MDL to construct six Scorpene submarines underneath a contract value roughly Rs 20,000 crore. In the identical monetary 12 months, the Indian agency Flash Forge acquired a UK based mostly firm named Optical Armour Restricted. Subsequent 12 months in November 2012, two of Flash Forge administrators got directorship of Optical Armour Restricted. On November 8, 2012, the day these two people assumed the directorship of the UK Firm Ulrik Mcknight was additionally given directorship of the corporate. That is not all, in accordance with the filings made by Optical Armour in 2014 McKnight was allotted 4.9% shares by the agency.
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Flash forge acquired one other UK based mostly firm named Composit Resin Developments Restricted in 2013. In the identical 12 months, Mcknight additionally joined the corporate as one of many administrators together with two administrators from Flash Forge Restricted. Based on web sites of Naval Group, their India companions embrace Flash Forge and CFF Fluid Management Personal Restricted (a three way partnership between Flash Forge and one other French group Coyard). India Right this moment couldn’t attain Macknight for a remark, this text will probably be up to date if he makes a press release.
Whereas Indian and European firms related to Rahul Gandhi have been dissolved earlier than the French firm Naval Group engaged in a contract with Flash Forge, the truth that Congress president’s former enterprise associate benefited by way of the European subsidiaries of an Indian offset associate which was contracted throughout UPA period is certain to open a Pandora’s field.