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Gangster has ties to U.S. companies
Monday, March 27, 2006
A convicted Indo-Canadian gangster with links to the Air India bombing case has been a shareholder in three U.S. shell companies whose founding director remains under police investigation, The Vancouver Sun has learned.
Jethinder Singh (Roman) Narwal is listed in corporate annual reports as owning a million shares in each of Super Ventures, Multimod Investments Ltd. and Easy Com Inc., registered in Nevada as shell companies to be used for Internet gambling opportunities.
A founding director of each company is Roman's relative Sak Narwal, who is a major shareholder in Silver Star Energy, a B.C. company raided by the RCMP's integrated market enforcement team two years ago.
At the time, search warrants documents alleged Sak Narwal was one of five men closely associated with Silver Star, who were involved in a "pump and dump" stock fraud.
Another alleged participant in the Silver Star matter was David Naylor, who is also a listed shareholder of the three U.S. companies linked to Sak and Roman Narwal.
Insp. George Pemberton, the officer in charge of the market enforcement team, said Friday he could not reveal details of the Silver Star investigation in which no charges have been laid.
"For the integrity of our investigation and in the interests of the privacy of the parties involved, it wouldn't be appropriate to discuss the status of our investigation," he said.
Aside from David Naylor and Roman Narwal, other people who own a million shares in the U.S. shell companies as of December 2004 included Roman Narwal's wife, listed under her maiden name Karinjit Kaur Sidhu, and Jaswinder Singh Parmar, of Surrey, whose late father Talwinder was the suspected mastermind of the Air India bombing plot that killed 331.
Roman Narwal's late father Avtar was also an Air India suspect when he drove into a lake and died in October 1998. Roman's aunt Jagdish Kaur Johal was a key defence witness for Ajaib Singh Bagri who was acquiited last year in the massive terrorism case.
Bagri is the father-in-law of Jaswinder Parmar, who is married to the Babbar Khalsa leader's eldest daughter Raj.
Both Karin Sidhu and Jaswinder Parmar were in B.C. Supreme Court March 9 to support Roman Narwal as Justice Sunni Stromberg-Stein found him guilty on 13 of 15 counts in three brutal drug-related kidnappings and extortions.
The three 2005 abductions were in retaliation for ripoffs of marijuana stockpiles worth more than $1 million during the first four months of last year, according to testimony at Roman Narwal's criminal trial.
Roman Narwal's lawyer Matthew Nathanson declined to comment on his client's involvement in the U.S. companies. He said it would be inappropriate to say anything in advance of a sentencing hearing in B.C. Supreme Court set for Tuesday.
Jaswinder Parmar, a computer specialist who was also involved in an Internet gambling company called Omicron Technologies Inc. with Sak Narwal, did not return phone calls Sunday.
Sak Narwal could not be reached for comment.
The three U.S. shell companies are all headed by president Marvin Winick of Thornhill, Ont.
Winick said in an interview Friday that he did not know anything about Roman Narwal, his wife or Parmar and had never met them.
"Those were companies that I set up for [Sak Narwal.] He gave me the list of shareholders. I have never met these people in my life. I don't know any of these people," Winick said. "I wouldn't know these people if I fell over them. The only one I ever met was Sak."
He said Sak Narwal resigned from all three shell companies a year ago and that all the original shareholders have now signed their shares over and have no further involvement.
Sak Narwal's resignation from the three U.S. companies shows up in U.S. Securities and Exchange Commission filings, dated April 2005. But no documents have yet been filed to indicate that Roman Narwal, his wife, or Parmar have relinquished their shares in the companies.
Winick said the papers reflecting the change of shareholders should be filed within a couple of months.
He said he was shocked to hear of Roman Narwal's conviction and links to marijuana trafficking.
"I would be very upset about that. I never knew about it. I wouldn't have even known that," he said.
He said he did not want to provide details of the origins of the three U.S. companies.
"It is a whole different story and I don't even want to go into it as to how these people got involved. I was given these shareholders based on Sak," he said.
Winick said he also had never heard of Jaswinder Parmar's link to the Air India case through his father, Talwinder. He said he did not know that the younger Parmar had once been a registered director of the terrorist group Babbar Khalsa, which was founded by his father.
Winick is listed in corporate documents from 1999 as a "chartered accountant" who reviewed the accounts of Omicron, the other company linked to Parmar and Sak Narwal.
Despite calling himself a chartered accountant at the time, Winick had been kicked out of the Institute of Chartered Accountants of Ontario in 1992 for professional misconduct.
The association took out an ad in The Globe and Mail two years ago to re-state that Winick was not a chartered accountant because "it has been brought to the attention of the institute that since his expulsion, Mr. Winick has held himself out to be a Chartered Accountant."
Winick declined to comment to a Sun reporter about the 2004 newspaper ad about him. "I am not even going to go into that," he said.
Crown prosecutors are asking for at least 10 years in jail for Roman Narwal in the kidnappings, beatings and extortions of three young men last year who the gangster believed had knowledge about hundreds of pounds of stolen marijuana.
Narwal admitted to police he headed a drug trafficking group that moved large quantities of marijuana across the border into the U.S.
Roman Narwal explained to a Surrey RCMP officer that one of the kidnapping victims, Harpreet (Happy) Singh was the middle-man in the drug ring whom Narwal grabbed in January 2005 because he was believed to have had involvement in the murder of two associates in the crime group.
There was no evidence led in the six-week trial about how profits from Narwal's crime group were being used.
Nor did any information come out about Narwal's link to the U.S. Internet gambling shell companies.
When Narwal was arrested after the third kidnapping in May 2005, he was in a garage where police found 55 $1,000 bills in ransom money. Narwal also had in his pocket another $1,000 bill from the ransom paid, plus six $100 US bills and 46 cents in change.
WHO'S WHO IN THE INTERNET COMPANIES
Convicted gangster Roman Narwal is listed as owning a million shares in each of three shell companies to be used for Internet gambling opportunities.
A founding director of each company is Roman's relative Sak Narwal, who is a major shareholder in Silver Star Energy, a B.C. company raided by the RCMP's integrated market enforcement team two years ago. Another shareholder is Jaswinder Singh Parmar (right) whose late father Talwinder is the suspected mastermind of the Air India bombing plot that killed 331 people.
The most valuable commodity I know of is information