Robert vadra vs iac

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Robert vadra vs iac

  1. 1. Roshankumar S PimpalkarEmail: roshankumar.2007@rediffmail.com
  2. 2. Roshankumar S Pimpalkar Email: roshankumar.2007@rediffmail.comTurn on your TV or pick up any news paper, Robert Vadra iseverywhere. Exactly what did he do? Is he using the privilegeof being the son-in-law of Congress president Sonia Gandhi?Or is it just an attempt by Mr. Arvind Kejriwal to get somepublicity for his new party India Against Corruption?The main purpose of this slideshow is to understand thesituation. We are not trying to come to any conclusion here.
  3. 3. Roshankumar S Pimpalkar Email: roshankumar.2007@rediffmail.comOctober 5, 2012Arvind Kejriwal and Prashant Bhushan of India Against Corruption (IAC)accused Robert Vadra, Congress president Sonia Gandhi’s son-in-law, ofamassing properties worth over Rs300 crore through corrupt land deals.
  4. 4. Roshankumar S Pimpalkar Email: roshankumar.2007@rediffmail.comAccording to IAC•The real estate firm DLF sold him prime land in Delhi and nearby areasat throwaway prices while giving him interest-free loan.•Vadra’s wealth grew from Rs50 lakh to more than Rs300 crore in threeyears
  5. 5. Roshankumar S Pimpalkar Email: roshankumar.2007@rediffmail.com“Vadra was provided interest-free unsecuredloan of Rs65 crore by DLF, with which sixcompanies controlled by Vadra boughtproperties worth Rs300 crore. Most of theseproperties were in Congress-ruled statesand belonged to DLF.” - Bhushan
  6. 6. Roshankumar S Pimpalkar Email: roshankumar.2007@rediffmail.comAn analysis of the balance sheets and audit reports of Vadra’scompanies (owned exclusively by him and his mother) show the totalshare capital was just Rs50 lakh in November 2007.According to Bhushan An auditor who looked at the balance sheets saidnone of these companies were involved in any other business activitiesduring these yearsKejriwal and Bhushan said the information had been sourced from theregistrar of companies.
  7. 7. Roshankumar S Pimpalkar Email: roshankumar.2007@rediffmail.com•Sky Light Realty Private Limited, a company owned by Vadra, thatbought a 10,000 square feet apartment in DLF Aralias, Gurgaon(Haryana), for Rs89 lakh whose market value at the time of purchase in2010 was Rs25 crore, the activists said the current value was about Rs40crore.•Seven flats were bought by the same company at DLFMagnolia, Gurgaon (Harayana), for Rs5.2 crore. Bhushan and Kejriwalalleged that the market value of these flats at the time of purchase wasin the range of Rs35-70 crore. At present it is in the range of Rs105-175crore.
  8. 8. Roshankumar S Pimpalkar Email: roshankumar.2007@rediffmail.com•IAC alleged that the Congress-led Haryana government had givennearly 350 acres of land to DLF for this project. The land had beenacquired by the state government from farmers on the pretext of doingsome industrial projects.

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