Pawar denies hiding info in assets declaration

Union Agriculture Minister and NCP Party chief Sharad Pawar has denied hiding any information that he owned shares in Pune-based Panchshil Hotels.

Last Updated: Sep 15, 2011, 10:28 AM IST

New Delhi: Union Agriculture Minister and Nationalist Congress Party chief Sharad Pawar has denied hiding any information that he owned shares in Pune-based Panchshil Hotels while declaring his assets to Prime Minister Manmohan Singh.
Reacting to a media report, which said Pawar did not give full details of his share holding in the company while disclosing his assets, the agriculture minister said: "When I contacted the company, it said that in December 2009, it had announced the issue bonus share of 1:1."

"The company has not sent share certificate to shareholders nor intimated us about the decision taken," Pawar told reporters.
He said that he would disclose full information about his shareholding to the Prime Minister and to Parliament once he gets the share certificate from the company.

"The moment I will get the share certificate, it will reflect in my statement to the prime minister and to the Parliament. There is nothing to hide. The person who has Rs.12 crore worth of asset, what is there to hide about shares," Pawar said.

IANS