Substance in allegations against Gadkari: Shinde

New Delhi: Home Minister Sushilkumar Shinde today said there seems to be "substance" in the charges levelled against BJP President Nitin Gadkari for alleged dubious funding of companies owned by him.

"Whatever things are coming up. You people are showing it on TV. It seems there is some substance in it (allegations)," Shinde told reporters on the sidelines of a function here.

Shinde, leader of Congress party in Lok Sabha, declined to elaborate on it further.

Gadkari is facing charges of impropriety over funding of Purti Power and Sugar Limited (PPSL) with media reports claiming that major investments and large loans to the company were made by Ideal Road Builders (IRB) group, which had won contracts between 1995 and 1999, when the BJP chief was PWD minister in Maharashtra.

Both Ministry of Corporate Affairs and Income Tax department are looking into the alleged irregularities involving Gadkari.