This Article is From Oct 05, 2012

Robert Vadra and DLF accused of illicit links by Arvind Kejriwal

New Delhi: Activist turned politician Arvind Kejriwal along with lawyer-activist Prashant Bhushan targeted Robert Vadra in a press conference today.

Here are the highlights of the press conference:

Arvind Kejriwal:
  • Why did DLF give Rs 65 crore loan to Robert Vadra without any interest?
  • He bought DLF properties with that discounted rates.
  • What benefit did Vadra provide to Congress for this?
  • He bought Rs 65 crore property for Rs 5 crore. So how did DLF benefit? There are many questions.
  • There are four penthouses in one DLF property in Gurgaon.
  • He brought these through a maze of five companies.
  • We have details of 12 companies registered in the past few years - six registered in 2012 alone.
  • A penthouse sold in 2009 for Rs 89 lakh - whose market value was Rs 25 crore then, and is now at least Rs 40 crore.
  • There has been no business in all the companies in the past three years.
  • So DLF wanted to give Rs 300 crore, companies were formed on paper for that.
  • Obviously DLF got some benefits - some clearances they got sooner than others would. 
  • All these transactions are in Congress-ruled states - Rajasthan, Haryana and Delhi.
  • Who will investigate them - CBI, Income Tax are too small as departments to take these people on.
  • Will we go to the court for everything?
  • We have a legal remedy - but will the courts run this country?
  • What will the CBI, Income Tax departments do then?

Prashant Bhushan:
  • He invested Rs 50 lakh, got property worth Rs 300 crore and their market value is Rs 500 crore now.
  • DLF gives them unsecured loans - from that money they buy a 50 per cent share in a DLF hotel, and use that money to buy various DLF properties.
  • So DLF is giving them money to transfer properties worth crores at throwaway prices - that too the money was given as an unsecured loan by DLF.
  • Why should DLF do this? We know DLF has got land in Haryana where there is Congress Government, also in Delhi.
  • Prima facie these are charges under Prevention of Corruption Act and Income Tax Act.
  • Which agency independent of the government can do an honest investigation?
  • Is DLF giving them properties so that they get benefits through the Haryana and Delhi government?
  • Who is going to investigate this? Is there black money involved?
  • Our investigation is just based on documents from registrar of companies.
  • We must compel the government to conduct an investigation into the matter.
  • This is a big scam by Robert Vadra and his mother.
  • You cannot shift the attention of this country from corruption.
  • No department has the courage to investigate such a powerful and influential person impartially.
  • There is no need for an inquiry, this is a fit case for taking action.
  • But the question is who will take action?