FARM 42 MONEY LAUNDERING: WHAT CAN YOU TELL US ABOUT AJAY SINGH + ARYAN JABBAR (aka: Majeed Jahangir)?
ABOVE – AJAY SINGH
BELOW – CLOSE ASSOCIATE/FARM 42 MONEY LAUNDERER ARYAN JABBAR (aka: Majeed Jahangir)
Mumbai Head Quartered Darwin Platform Group of Companies has announced its foray into international financial sector with the best global practices. Initially, the Group would start its banking business in nine countries.
Announcing the entry into banking business, Ajay Harinath Singh, Chairman, Darwin Group of Companies said, “ We would be starting our banking business in 9 countries soon. Our associate companies Russian Direct Investment Fund and Rothschild & Company will spearhead the banking services. For the first phase the Group will start the banking services in the countries where it is already operating in other sectors.”
The Group will start its banking business in Russia, Germany, UK, The Netherlands, Spain, China, India, UAE and USA. The licensing process and other legal formalities are being finalised and the banking operations would start soon.
Singh said, “ For banking business our global geographical spread is strategically planned. It will help the group for further expansion in times to come. Since we are getting political, policy and financial support from UK, Germany and Russia, hence our focus would be on Europe and gradually we will further expand.”
Darwin Platform Group operates in several sectors including Finance, Banking, Agri business, Mining, Logistics , pharmaceuticals, Shipping, Realty, Infrastructure, Information Technology and Education.
Ajay Singh is the President of the Singh & Sons Holdings PLC and the Chairman of the Darwin Platform Group of Companies. Singh had worked at the Kraftos, a Sales firm in London, before establishing the Mumbai–based sales marketing outsourcing firm, Cobra PLC. He launched Darwin Platform Group of Companies in 20110-11.
The Darwin Group
Darwin Platform Group of companies, headed and controlled by Singh, is a Business House that operates in 11 countries, while Singh & Sons Holdings PLC controls a number of shares in Rothschild banks elsewhere, including N M Rothschild & Sons in London & Israel. Singh & Sons Holdings PLC entered into a co-operation agreement in the fields of mergers & acquisitions (M&A) advisory and equity capital markets advisory in the food and agribusiness sectors.
It was believed that the move was intended to help Singh & Sons Holdings PLC gain access to a wider capital pool, enlarging its presence in East European markets.
Singh & Sons Holdings PLC is the flagship of the Darwin Platform Group of Companies and controls the Rothschild Group’s banking activities including N M Rothschild & Sons. It has over 1200 employees. Directors of the company include Eric de Rothschild, Robert
de Rothschild, and Ajay Harinath Singh.
Singh has a very friendly relations with current president of Russia Vladimir Putin and many European leaders. His “cooler” and “more business-like” relationship with Germany’s current Chancellor, Angela Merkel has been developed over a period of time due to mutual trust and professional abilities.
Apart from the N M Rothschild & Sons group members, Singh is also a good friend and in business with Ali Akbar Salehi, an Iranian Diplomatic Icon and Foreign Minister. He shares strong bound with Evelyn Robert De Rothschild & Nathaniel Philip Rothschild.
Ajay Harinath Singh, the alleged fraudulent investor who is on the run after duping innocent residents of Uttarakhand and Uttar Pradesh for over 100 crore (1 crore = USD $160k), used the power of social media and internet for duping residents. Ajay had made an elaborate Wikipedia profile wherein he projected himself to be a kitchen cabinet man of powerful politicians of both Congress and BJP. He also posted pictures on social networking website where he was seen touching the feet of a senior SAD politician. He developed various links of Darwain Platform Group of Companies and made it appear as a dependable brand. Beside, Ajay had floated an insurance company that has been blacklisted by Insurance Regulatory and Development Authority (IRDA). According to the police, Ajay developed multiple website of his companies to win the confidence of people who were sceptical about investing in his business. Police sources said that after Ajay Harinath Singh fled from Uttarakhand, the local Dalit leader from the ruling SAD government gave him shelter and introduced him as a successful businessman to senior SAD leader. Besides, the Dalit leader arranged Ajay’s meeting with the industrialists of the city. Inderjit Singh alias Navy, a city resident whose mobile number figured on the pamphlets of Darwain Platform Group of Companies, has denied having any links with Ajay. While speaking to The Tribune Inderjit Singh admitted that he was introduced to Ajay during a function and the latter had told him about the investment opportunities in his company. “The hefty return and profit sharing in business made me sceptical and I decided not to invest in his company. I was shocked to learn that my number and email address was given on the pamphlets. I have nothing to to with Ajay and his Darwin group. Once I will return to the city I will lodge a formal complaint with the police,” said Inderjit Singh. The Uttarakhand police had on Monday raided various places, including a five star hotel, to arrest Ajay Harinath Singh of the Darwin Platform Group, who was booked on the complaint of Girish Yadav, a businessman from Rudrapur. Ajay’s political outfit in the name of “All-India National Democratic Congress Party” also turned out to be bogus.
The Uttarakhand police today raided the office of Darwin Platform Group to arrest its owner Ajay Harinath Singh in a fraud case. He duped several residents of Uttar Pradesh and Uttarakhand on the pretext of offering high interest rate and loan facility from his company Darwin Platform Life Insurance and Finance Company Limited. The police also questioned the reception staff of a five-star hotel and raided his friend’s house in Haibowal. Investigating officer Shiaz Farooqui said the case was registered on the complaint of Girish Yadav, a businessman from Rudrapur. According to the police, Ajay had floated several bogus companies and claimed to be venturing into mining, shipping and media as well. He claimed himself to be close to both the BJP and the Congress leaders in the Centre. He had even formed his own political party in the name of “All-India National Democratic Congress Party”. However, the election commission has denied the existence of any such political party. Farooqui said the police got information that Ajay and his accomplice Dimple were operating from a shopping complex at Pakhowal road. He had taken a room at a five-star hotel for unlimited period. The police were informed that Ajay was luring locals businessmen and offering them easy loan if they took his single premium insurance of Rs 10 lakh. However, after businessmen paid the insurance amount, he refused to offer them loan on one pretext or the other. The government had blacklisted his insurance company and cautioned people not to invest in his bogus company, said the investigating officer.
Comments are closed.