In her statement to the Enforcement Directorate (ED), Zakir Naik’s sister Nailah Noorani said that she acted as front for companies established by her brother after 2013. According to an Indian Express report, Noorani in her statement said that she “acted as a front” in Harmony Media, the firm set up by Naik in 2005, which produced videos of his “provocative speeches”.
Noorani told ED officers that she was associated with 5 companies the Harmony Media Ltd, Long Last Construction Pvt Ltd, Magestic Perfumes Pvt Ltd, Right Properties Pvt Ltd and Alpha Lubricants but she was unaware from where the money for buying these properties came.
According to Hindustan Times report, the ED claimed that Naik and his wife Farhat had the majority of shares in these companies, which they transferred to Noorani in 2013 after they became non-resident Indians (NRI). Since 2013, Noorani has held 95% of shares in Harmony Media and Long Last Construction. She also holds 50% of shares in Majestic Perfumes and Alpha Lubricants, while the remaining 50% are with Gazdar, the ED said.
Noorani said in her statement that she was appointed director of these companies and agreed to sign documents and cheques on the instructions of Naik. She added that she acted as a front for the companies and would sign papers and cheques sent by Naik without raising any questions.
Noorani said in her statement that she was appointed director of these companies and agreed to sign documents and cheques on the instructions of Naik. She added that she acted as a front for the companies and would sign papers and cheques sent by Naik. She also provided details of financial transactions between the year 2013-16. During the period she received Rs 15.06 crore given as loan from her father’s account and also received Rs 14.02 crore as loan from her mother’s account.
She added that she was neither aware of the purpose of these transfers nor how the funds were utilised.