Kolkata, Aug 4 (IANS): City-based businessman and BJP leader Shishir Bajoria, who was questioned by the Enforcement Directorate (ED) over Panama Papers leak investigation, on Thursday claimed that his overseas investments were through normal banking channel.

"The Enforcement Directorate questioned me on Wednesday regarding my overseas investments and holding. They had asked me to submit all the documents and accordingly, I have given all the details that I have. During the interrogation, they asked me how did I make investments there. I explained to them," Bajoria told IANS.

"All my overseas investments are through the normal banking channels under RBI rules and permission," he said.

Bajoria explained that his family holds shares in IFGL Refractories Ltd, which is a subsidiary of IFGL Worldwide Holdings Ltd, a company based out of Isle of Man.

IFGL Worldwide also has a subsidiary IFGL Monocon Holdings where members of the Bajoria family figure as directors.

Bajoria who had also faced an Income Tax probe this year claimed that he made some investments routed to overseas destinations under Liberalised Remittance Scheme (LRS).

He said that calling him for an investigation proved that in the present central government rule, all were "at par irrespective of one's party affiliations".