Thread by @TheCommuneMag

With G Square being raided by IT Dept, here's a look at how the realtor is connected to the DMK. (1/n)
#GSquare #GSquareRaid #ITRaid #DMK

G Square Realtors Pvt Ltd is a real estate company which has seen a meteoric rise in a short span of time especially after the DMK came to power. To understand the connect between DMK and G Square, a few dots need to be connected. (2/n)
#GSquareRaid #DMK

There are 20+ entities of #GSquare group all of which have the same address - an apartment in Harrington Road, Chennai. The address in the rental agreement signed for registering these entities is the address of Anbuchelvan, the son of late DMK leader Anbazhagan. #ITRaid (3/n)

DMK MLA from Anna Nagar M.K. Mohan has given a loan of ₹17.73 lakhs to Ramajayam (Designated Partner), ₹17.49 lakhs to Sreejith (Chief Operations Officer) and ₹18.94 lakhs to Sreekala (Designated Partner). (4/n)
#GSquareRaid

Ramajayam, also runs Lotus Horizon Developers LLP in which one Prashanth Reddy is the other partner. Reddy who runs one Telangana's largest realtor Mahidhara, also runs Lotus Bhevin Developers LLP in which DMK chief MK Stalin’s son-in-law Sabarisan is the other partner. (5/n)

One of the biggest projects of G Square is the ‘G Square City’ in Coimbatore spread across 127 acres with a total cost of around ₹600 crores. There is a pattern to how land parcels for this project came under the control of G Square. (6/n)
#GSquareRaid #DMKFiles

36.9 acres --> Deep Jyoti Projects --> Emaar India --> G Square
31.8 acres --> Crocus Builders --> Emaar India --> G Square
56.2 acres --> Gems Buildcon --> Emaar India --> G Square
Deep Jyoti, Crocus, Gems Buildcon, Emaar India – have the same address at Saket, New Delhi. (7/n)

Emaar India is promoted by the Dubai-based Emaar Properties. It is embroiled in a number of scams and is also accused of money laundering. It is the CEO of this company called Emaar that CM Stalin had met in Dubai. (8/n)

#GSquareRaid #ITRaid #DMKFiles

Junior Vikatan, a bi-weekly Tamil magazine in its January 23, 2022 issue had carried an article in which it was written that ‘a company having an English letter in its name’ has started construction work worth over ₹1,000 crore. (9/n)

The owner of the particular company has apparently told all the government officials that ‘his company is close to Sabarisan’. So, approvals which takes months for other companies are being done in days for the said company. (10/n)
#GSquareRaid #GSquare #ITRaid #DMKFiles

The Tamil Nadu Police had registered an FIR against Vikatan’s directors along with @Veera284 and @MaridhasAnswers for speaking about the issue based on a complaint by G Square. (11/n)
#DMKFiles #GSquare #ITRaid

Questions that hang:

1) What is the connection between #GSquare & #DMK family?
2) How did #GSquare aquire so much of land?
3) Is #GSquare getting favours from the state govt because of its close ties with DMK family?
4) What transpired between CM Stalin & CEO of Emaar in Dubai?