It is important to note that IT officials had also recorded the statement of the other entry operator Navneet Kumar Singhania in Kolkata on April 21, 2015. In it, Singhania clearly states that the companies handled by him were “paper companies”. When asked what kind of work he did as an entry operator and what the companies—where he was appointed as director—did, Singhania answered: “I worked as an entry operator to adjusting the fund and getting a commission on it. Various kind of works like collecting and delivering cash from various parties, depositing and withdrawing cash from various accounts. These companies are not doing any real work as these are paper companies doing work of Jama Karchi/accommodation entry.”