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Saturday, October 6, 2012

Arvind accused Robert Vadra of corruption

Report:-
On October 6 in a press conference, Arvind Khejrival and Prashant Bhushan of IAC  accused Congress president Sonia Gandhi's son-in-law and Priyanka Gandhi's husband  Robert Vadra of large-scale corruption in real estate dealings.
 According to the IAC real estate firm DLF sold him prime land in Delhi and nearby areas at throwaway prices while giving him interest-free loan due to which Vadra’s wealth grew from Rs 50 lakh to more than Rs 300 crore in three years.
 
Points of graft
According 
 to the IAC  
  • Real estate firm DLF sold him prime land in Delhi and nearby areas at throwaway prices while giving him interest-free loan
  • Due to which Vadra’s wealth grew from Rs 50 lakh to more than Rs 300 crore in three years.
  • However, balance sheets of five companies set up by Vadra and his mother show that the total share capital of these companies was just Rs 50 lakh.
    "An auditor who looked at the balance sheets said none of these companies were involved in any other business activities during these years.”Khejrival said
  •  Kejriwal said DLF could have tied up with Vadra for acquiring land deal on favorable terms through Congress governments in Delhi, Haryana and Rajasthan.
  • "Although they(Robert) had no legitimate business activity between 2007 and 2010, they acquired properties worth over Rs. 300 crore during the period." he said
  • e.g  Sky Light Realty Private Limited is a company owned by Vadra, that bought a 10,000 square feet apartment in DLF Aralias, Gurgaon (Haryana), for Rs89 lakh whose market value at the time of purchase in 2010 was Rs25 crore, the activists said the current value was about Rs40 crore.
Kejriwal and Bhushan said the information had been sourced from the registrar of companies.Arvind Kejriwal distributed scanned copies of documentary evidence to back his claim.

They demanded the government to probe into the benefits Robert Vadra may have received in the corrupt property deals.

In response congress stated the same corroded dialogue of it being a political stunt.
Union ministers Ambika Soni, Salman Khurshid, Rajiv Shukla and Jayanthi Natarajan even slammed Kejriwal and his team."We will teach him a lesson through legal means," Khurshid said.” Rashid Alvi party spokesperson, also asked  asked. "if they have any evidence, why don’t they go to the courts?
Opposition demanded investigation on this case.
 Baba Ramdev also demanded a probe into this.

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