Robert Vadra, son-in-law of Congress President Sonia Gandhi, made Rs 44 crore in a land deal, but didn’t pay Rs 41 crore he was due to pay to the Haryana government, despite conditions stipulating so, according to a newspaper report that cited the first draft report by the Comptroller and Auditor General.
Robert Vadra, son-in-law of Congress President Sonia Gandhi, made Rs 44 crore in a land deal, but didn’t pay Rs 41 crore he was due to pay to the Haryana government, despite conditions stipulating so, according to a newspaper report that cited the first draft report by the Comptroller and Auditor General.
The newspaper claimed in its report that the then incumbent Congress government in Haryana under Bhupinder Singh Hooda turned a blind eye even as Vadra pocketed the profits made from the land deal. The CAG, the newspaper reported, has found Vadra made nearly Rs 44 crore by quickly selling the land to DLF Universal.
Vadra's Skylight Hospitality Private Limited was allowed to develop a commercial colony when it had just Rs 1 lakh in its kitty. The land was sold to Vadra’s company for Rs 7.5 crore and he spent Rs 6.84 crore on security and licence fees and conversion charges. The land was soon sold to DLF Universal for Rs 58 crore, with Skylight Hospitality making profit of Rs 43.66 crore. However, Vadra’s firm did not deposit the share of profit with the Haryana government.
"As per bilateral agreement referred ibid, the developer was required to retain a profit of Rs 2.15 crore after developing the project… the firm earned a profit of Rs 43.66 crore by selling this licence to DLF but had not deposited the profit i.e. Rs 41.51 crore in the government account," the draft report by CAG has reportedly said.
This isn’t the first time that Vadra’s land deals have come in question. Haryana IAS officer Ashok Khemka had raised similar issues with land allotted to Vadra but claimed he was victimised by the then Congress government.
Also Read: Robert Vadra loses cool, bullies reporter after being asked questions on land deals
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