This extract is produced from Financial Intelligence Unit-India (FIU-IND) Suspicious Transaction Report (STR) analysis for the period 2019–2025, relating to an entity designated "KC Associates (Consulting)" and its identified linked accounts. The STR was originally filed in 2022 by a banking correspondent and has been expanded following the 14 April 2025 incident. This document is an extract of findings relevant to the current investigation and does not constitute the full STR file.
| Field | Details |
|---|---|
| Registered name | KC Associates (Consulting) LLP |
| Registration | Delhi LLP registration No. AAH-9847, registered 2017 |
| Designated partner | Kapoor, Krishnamurthy Chandrashekhar |
| Declared activity | Political and governmental consulting; public affairs |
| Registered address | 14 Tughlak Lane, New Delhi (residential-cum-office) |
| Turnover declared (2023–24) | ₹48.3L (ITR filing) |
| FIU flag status | Active monitoring since 2022 |
| Period | Counterparty (abbreviated) | Nature | Aggregate received (period) | FIU classification |
|---|---|---|---|---|
| Jan–Dec 2019 | VS Enterprises (Mauritius) | Consulting retainer | ₹38L | Flagged: offshore origin, political period |
| Mar–Nov 2022 | VS Enterprises (Mauritius) | Consulting retainer | ₹27L | Flagged: offshore origin |
| Jan–Mar 2025 | VS Enterprises (Mauritius) | Consulting retainer | ₹12L | Flagged: election period, offshore |
| Apr 2024 | PM Political Services (Delhi) | One-time settlement payment | ₹85L | Flagged: large single transfer, undisclosed purpose |
| Nov 2024 – Mar 2025 | NS2025 Campaign Committee | Series of transfers described as "data services" | ₹1.13 Cr | Flagged: election period; volume; counterparty (campaign entity) |
| Sep 2024 – Mar 2025 | AK Media Consulting (Delhi) | Sub-consulting payments | ₹4.5L | Noted: outgoing, not flagged |
The FIU analysis identifies a recurring structure: incoming transfers from politically linked or offshore counterparties, concentrated in election periods, described as consulting retainers with minimal documented deliverables. The NS2025 Campaign Committee transfers (Nov 2024–Mar 2025) are described in bank memos as "election data analytics services" — no written service agreement has been located in the FIU file.
The PM Political Services payment (Apr 2024, ₹85L) is classified as a single settlement payment with no prior or subsequent transactions between the counterparties. No invoice or contract has been identified.
The VS Enterprises transfers span three periods (2019, 2022, 2025) corresponding approximately to Haryana state election cycles.
This extract has been produced to the investigating officer under the Prevention of Money Laundering Act, 2002. The full FIU-IND STR file is available subject to separate production request.