Expose

DMK Files: Exposing The Nexus Between DMK And Noble Group Web Of Companies

April 19, 2023
Vallavaraayan

On 14 April 2023, Tamil Nadu BJP President K. Annamalai revealed the details of ₹1.34 lakh crores in property amassed by the DMK leaders. As part of the first list, Annamalai released the property details of first 12 DMK leaders.

The next day, he posted on his social media that Tamil Nadu Chief Minister MK Stalin‘s son and minister Udhayanidhi Stalin was a director in Nobel Promotors Private Limited in 2009 along with one Bazeer Mohamed Mohamed Ibrahim (in some records it is written as Mohamed Ebrahim Basheer Mohamed).

In another company named Noble Bricks Private Limited, DMK Minister Anbil Mahesh Poyyamozhi was Director in 2016 along with the same Bazeer Mohamed Mohamed Ibrahim.

Incidentally, when CM MK Stalin went to Dubai, he signed an MoU with Noble Steels, to invest ₹1000 crore in Tamil Nadu.

“On behalf of the people of Tamil Nadu, I am asking this question – Whose money is it which Noble Group, a firm with links to the DMK, has promised to invest in Tamil Nadu?”, Annamalai asked.

While the DMK’s Organizing Secretary RS Bharathi denied that the Tamil Nadu Government signed a deal with Noble Steels, the official investment promotion agency of Tamil Nadu Government itself had shared pictures of MK Stalin signing the deal.

An article published in The Hindu dated on 29 March 2022, confirms that Tamil Nadu Chief Minister MK Stalin signed a ₹1000 crore worth MoU with Noble Steels based in UAE.

Now more information has come to light exposing the close links between the DMK and the Noble Group with which the Tamil Nadu Government has signed MoU.

The Noble Group – DMK Nexus

When searched for Noble Promotors Private Limited, there are 2 names which pop up – Bazeer Mohamed Mohamed Ibrahim and Ramesh Radhakrishnan. Both of them are directors in almost the same set of companies and are associated with Napraaj Commercial Private Limited (Remember the name of this company, more details about this company ahead).

According to information available on public domain, Bazeer Mohamed Mohamed Ibrahim is an Indian staying in Thanjavur, Tamil Nadu. He is a director in around dozen companies including Noble Promotors Private Limited, Noble Ferrous And Power Limited, Noble Bricks Private Limited, Noble Holding Private Limited, Naapraaj Commercial Private Limited, etc.

Here is a list of entities associated with Bazeer Mohamed Mohamed Ibrahim.

 

Most of the entities have the same address in Chennai.

Here’s a tree diagram that shows how the different entities are linked.

As we can see from the above tree diagram, DMK Minister Anbil Mahesh Poyyamozhi is a director in Noble Bricks Private Limited along with Bazeer Mohamed Mohamed Ibrahim.

Ramesh Radhakrishnan, the other director in Noble Promotors Private Limited is also linked with most of the above companies.

Another name that we see is Mohamed Ashraf Shahul Ameed. He is apprently an Indian staying in Pudukkottai, Tamil Nadu. Mohamed Ashraf Shahul Ameed along with Bazeer Mohamed Mohamed Ibrahim sit as directors of Noble Ferrous and Power Limited.

However, in the Tamil Nadu Government’s press release number 475 dated 26 March 2022, Mohamed Ashraf Shahul Ameed is identified as a Dubai-based business and as the head of Noble Steel Company.

So, how did a Tamil Nadu based businessesman came to be identified Dubai-based? Is Noble Steels an Indian company or a UAE company?

The DMK government has to provide clarity on these two questions. But upon digging, it was found that there are multiple Noble Steels in both India and UAE, linked to the same set of people.

Who Is The Real Noble?

From the tree diagram we see that, there is company named Noble Steel Industries Private Limited in which one of the directors is Ramesh Radhakrishnan. For convenience sake, let’s mark this as NS1.

According to information available on public domain, in 2007, the Noble Group acquired a steel company named VKG Steel & Energy Limited and rechristened it to Noble Tech Industries Private Limited (NTIPL). This steel factory is located in Kanchipuram District, Tamil Nadu. Let’s mark this as NS2.

When we go to the the website of Noble Steels, it gives information of NTIPL.

Information available on CARE Ratings note that NTIPL is today part of UAE-based Noble Group promoted by Shahul Hameed who is identified as an Abu Dhabi-based businessman with more than three decade experience in steel business in the countries of Middle East, USA and East Asian countries.

It is not clear if this “Shahul Hameed” is the same Mohamed Ashraf Shahul Ameed. But there is a hint that pointing towards that – Napraaj Commercials Private Limited.

As seen above, Shahul Hameed’s wife Ammena Begum owns 81% of the stake in the company while the remaining is held by Napraaj Commercial Private Limited. So, in all probability, Shahul Ameed is also an Indian guy.

Napraaj Commercial Private Limited is an entity in which Bazeer Mohamed Mohamed Ibrahim is a director, the same guy who served as a director with:

– Mohamed Ashraf Shahul Ameed in Noble Ferrous and Power Limited

– DMK Minister Udhayanidhi Stalin in Noble Promotors Private Limited

– DMK Minister Anbil Mahesh Poyyamozhi in Noble Bricks Private Limited respectively.

The email ID given in contact details of Napraaj Commercial Private Limited has a domain registered as noblesteels.co.in.

 

Napraaj Commercial Private Limited is located in the same address as that of few other entities involving the same set of persons.

It is this Napraaj Commercial Private Limited, an Indian company that holds stake in NTIPL (or NS2).

There is also a Noble Steel Industries LLC based out of Abu Dhabi. Let’s mark this as NS3. Another company named Ajmal Steel Tubes & Pipes LLC is located in the same address as NS3.

Ajmal Steel Tubes and Pipes Industries L.L.C is identifies itself as a UAE based company and Shahul Ameed (MS Ameed) has been named as the Managing Director. The same Pudukottai based businessman.

Interestingly, there is another Ajmal Steels in India named Ajmal Steel Industries Private Limited which has the same address of Noble Holdings Private Limited, Napraaj Commercial Private Limited, and other entities related to Mohamed Ashraf Shahul Ameed and Bazeer Mohamed Mohamed Ibrahim.

One of the director of Ajmal Steel Industries Private Limited is Mohamed Faizeen Liyakathali. We have seen this name in the tree diagram as well (Please go above and zoom into the tree diagram).

Mohamed Faizeen Liyakathali is also a director in Noble Holdings Private Limited in which Bazeer Mohamed Mohamed Ibrahim is also a director.

What is to be noted is that all three companies – Ajmal Steel Tubes & Pipes Industries LLC, Noble Marine Metals Co WLL, and Noble Steels Industries LLC – lead to the same site and address (ajsteel.com).

There is one name which gives away that these entities in UAE and India are part of the same nexus – Nasreen Banu Shahul Ameed.

Nasreen Banu Shahul Ameed has been named as the director of Noble Information Technology LLC based in Abu Dhabi.

However, she is also the director of Halima Promoters Private Limited and Kissui Noble Steel Industries Private Limited both of which have the same address as other Noble entities.

One of the directors of Kissui Noble Steel Industries is Jamaludeen who is also a director in Noble Holdings Private Limited. Jamaludeen is also a director in several other companies like Ariyalur Minerals Private Limited,  Ariyalur Carbonates Private Limited and so on.

Bazeer Mohamed Mohamed Ibrahim, Ramesh Radhakrishnan, Mohamed Ashraf Shahul Ameed, Jamaludeen, Nasreen Banu Shahul Ameed, Mohamed Faizeen Liyakathali are linked through an intricate web of companies many of which have the same address.

Here’s the best part – None of the above companies or individuals discussed above are related to the original Noble International Group which according to its website is a UAE-based conglomerate having ventures in insurance, shipping, trading and construction.

Questions People Must Ask The DMK

1. Who are the following people – Bazeer Mohamed Mohamed Ibrahim, Ramesh Radhakrishnan, Mohamed Ashraf Shahul Ameed, Jamaludeen, Nasreen Banu Shahul Ameed, Mohamed Faizeen Liyakathali? What is their relationship with the DMK?

2. How/Why did the Tamil Nadu Government identify Mohamed Ashraf Shahul Ameed, a Tamil Nadu based businessman as a Dubai-based businessman?

3. Why would Tamil Nadu based businessmen route investment from his UAE based group of companies?

4. Are the group of companies in India legitimate or shell companies?

5. Is Noble Steels, which the DMK government claims to have invested ₹1000 crore, an Indian company or a UAE company?

6. How come a company that is investing ₹1000 crore have no proper website with clear organizational structure and financial details? Is this investment for real or just namesake photo op?

7. Are the networks of LLCs in UAE which are linked to the Noble Group in Tamil Nadu trying to round trip the money back into India? If yes, whose money?

(This article haas been developed based on the Twitter thread of Sheikh Al Madrassi) 

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