Sharad Pawar fooled all with Rs 12 cr assets disclosure

Union Agriculture Minister Sharad Pawar's recent disclosure on the Prime Minister Office's website that as of March 31, 2011, he owns assets totalling Rs 12 crore along with 1.47 lakh shares each in his wife Pratibha and his name in Panchil Hotels Ltd is wrong. A scrutiny of documents with the ministry of corporate affairs' registrar of companies (RoC) in Pune and Mumbai has revealed that there is no company named Panchil Hotels Ltd.

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