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Baba Ramdev declares Assets
Publish Date:Jun 10, 2011
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Haridwar: On his sixth day of fast, Ramdev addressed a press conference According to the information he provided, there are three primary trusts. Among them, the Divyayog Mandir Trust is the oldest and has a total capital of Rs 249.63 crore and a total welfare spend of Rs 685.25 crore in the last 12 years. The more recent Patanjali Yogpeeth Trust has a capital of Rs 164.8 crore and total spend of Rs 53.52 crore till date. The Bharat Swabhiman Trust, constituted for the anti-black money campaign, has a capital of Rs 9.57 crore as against a total welfare spend of Rs 11.51 crore. However, the yoga guru failed to answer all questions on asset base, financial inflows etc on company details, etc.
Ramdev and his aide Balakrishna cut a sorry figure when faced with a flurry of questions on his business and assets. Balakrishna, seen as the financial face of the Patanjali Trust, left his personal computer and fled to his room as the volley of questions continued. The prime question that remained unanswered was on the corporate dealings and number of companies the trusts operated. Balakrishna maintained that all queries regarding the Ramdev's companies should be directed to the Registrar of Companies. To pacify miffed newspersons, Ramdev said: "Companies have been formed and are operated to carry out work that trusts cannot do" The trusts through its arms in UK and the US also have land in Scotland and Houston.
Followers spent the day listening to sermons, as Team Ramdev was strategising on the next move to keep the campaign going.
http://www.teluguone.com/news/content/baba-ramdev-assets-20-3022.html
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