STUNNINGLY DISTURBING PATTERN IN VADRA LAND DEALS AND POLITICAL CRONYISM/FAVOURITISM OF CONGRESS

Vadra's every land deal follows the stunningly same pattern of political cronyism/favouritism combined with capital gains.Every party to the deal is either son/other relative of a congress man or a politically well connected person.And these shady land deals take place in only congress ruled states with active participation of the congress govts.

Let us take the example of Onkareshwar Properties which sold land to Vadra at throwaway price.

1.One of the directors of Onkareshwar is Sandeep Dahia,nephew of CM Hooda's wife.

2.Another director is Sushil Gupta from Rohtak, a close friend of Hooda.

3.Another director,Satyanand Yajee is also close to Hooda.Both are members of ALL INDIA FREEDOM FIGHTERS ASSOCIATION(AIFFA). Yajee was entrusted with constructing a memorial for Hooda's  father,Chowdhary Ranbeer Singh in Rohtak.

Onkareshwar's fortunes changed dramatically as a result of deal with Vadra.

1.From a loss of Rs 23 lakhs,it registered a huge profit of Rs 55 crores for the 1st time in 2009,thanks to a series of clearances for realty projects in & around the same village where Vadra bought land.

2.Onkareshwar has links to the company owned by Vinod Sharma,a controversial congress man. It shares a common office with Mark Buildtech,owned by Kartikeya Sharma,the son of Vinod Sharma.Onkareshwar invested Rs 25 crores of its profits in Kartikeya Sharma's media companies.

3.Vadra in his shady land deals has often found to engage the services of local real estate players with strong congress links.

Vadra has used the services of a politically well connected,Mahesh Nagar.Vadra has used Nagar as his frontman in at least 2 congress ruled states appointing him as his power of attorney.

For this consideration,his brother,Lalit Nagar was awarded the congress ticket to contest 2009 Haryana assembly elections.

 Mahesh Nagar  also played an active role in Vadra's acquisition of 400 acres of prime land in Faridabad,Haryana,as well as in acquisition of 300 acres of land in Bikaner,Rajasthan.In Bikaner he purchased a wasteland which within no time became prominent as an emerging solar energy hub thus drawing speculators which is only benefitting Vadra.

4.Another beneficiary was Aftab Ahmad, congress MLA from NUH,3 hours from Gurgaon  who sold 17 acres of his farmland in Shakarpuri village of Mewat in 2009 to Vadra at a throwaway price of Rs 2 lakh/acre almost 8 times below the circle rate of Rs 16 lakhs/acre. This explains why Ahmad who lost twice was provided a 3rd opportunity to contest.

Note the coincidence,the Bikaner land purchase was made in Gehlot's regime & the solar power  hub is being promoted & overseen by the Central govt's JAWAHAR LAL NEHRU SOLAR ENERGY MISSION.So isn't it clear that both central as well as the state govts in Rajasthan & Haryana played an active role in ensuring huge profits for Vadra.Why every body knows.Why Sonia Gandhi did not stop either Vadra from acquiring land illegitimately or the cong state govts for assisting him in the crime which rendered a huge blow to the exchequer of these states?This raises a serious question on Sonia's credibility & her claims of non interference in govt affairs in congress ruled centre or in the states though it has increasingly become abundantly clear that she is an extra constitutional authority with autocratic rights! It is unbelievable that she did not actively assist her son in law with all the resources at her command.This expose of Vadra has come as a serious blow not only to the congress but also the entire nation which was shamed by the duly elected,crony capitalism promoting congress govt.It's a tight slap on the face of the people who elected as well as those who ensured the formation of UPA-II govt.

It's still not too late.Take a vow to ensure that the congress is wiped out from this country effectively & efficiently.These traitors indulging in anti national activities deserve that.

Khemka's Report : Serious Unanswered Questions In Vadra-DLF Land Deal

Ashok Khemka's report as regards the illegal land deal between Vadra's company,Skylight & Onkareshwar properties raises certain serious unanswered questions about the role,credibility,& biasness based on mutual understanding for profits to all parties both political & monetary.It is very disturbing to find politically well connected people making merry at the cost of state treasury ironically,with the aid of the state govt itself! It presents a glaring example of brazen misuse of position & political status for personal gain.

The main questions being raised are:

1.Why does the cost of land wary? Vadra's company,Skylight's balance sheet shows land purchased in Feb,2008 for Rs 7.5 crore in Manesar but sale deed shows cost of Rs 15.38 crore.It's value went up to Rs 58 crore in 65  days after Haryana govt. allowed it to be developed for residential purposes.

2.Why was it still with Vadra firm? While DLF paid advance of over 85%=Rs 50 crore,the land remained with Vadra's company till Sept,2012.The mutation of this land deal was cancelled by Dr.Ashok Khemka on Oct 15,2012,four days after his transfer.

3.Why was Khemka transferred? Khemka claims his transfer was the result of his initiating an enquiry into the land deals by Vadra's firms.The state cites a Punjab & Haryana High Court order which said that Khemka had no legal powers to cancel the mutation of the land from Vadra's company to DLF's.

4.Why change land use terms? Obviously,it was a well planned exercise to increase the value of land by allowing residential construction for the purpose of increasing profit margin for Skylight,Vadra's company & DLF for whom Vadra was just a front/broker for pocketing premium land at throwaway price at the cost of the exchequer.There were a number of beneficiaries about whom I will talk about while analyzing the evident pattern of all premium land deals entered into by Vadra in other congress ruled states.

But the most pertinent & vital question is should SEBI investigate this matter since DLF is a publicly listed company?

Everybody including the state govt. is uncomfortable at countering these questions.Why was the subsequent intention to develop land for residential purposes not made clear in the very beginning of the deal? If DLF was the ultimate beneficiary why did it not approach Onkareshwar properties in the very beginning.All concerned parties are shying away from these questions but the reality is that DLF used Vadra as a front in a classic benaami deal to first pocket premium land for throwaway price & then paid him handsomely  to influence the Haryana govt. to mark the land for colonization purpose.

Unfortunately,it very clearly displays the politician-corporation nexus for mutual gain where they do not hesitate to take the illegal route for huge profits even at the cost of harming national interest ultimately looting the poor taxpayer for selfish endeavours! 

Can we trust anybody more than our govt.? If the duly elected govt.does not hesitate in harming our interests to benefit some powerful people what use is it to elect such govt.? Here the real power of vote comes into question.God save our country for it is well out of the common man's hand to put a check on these plunderers who are politically well connected & pimp the govt. to make huge,well orchestrated,&artificial profits.

Khemka's Report -Part-I:VADRA-DLF LAND DEAL

Recently Ashok Khemka,an IAS officer,submitted a report to the Haryana govt regarding illegal land deals in the state.His report contains explosive revealations supported by strong facts,which completely exposes Vadra-govt nexus in cornering prime land at throwaway rates.All parties to the deal working in unison for mutual benefit.

Khemka's conclusions in Vadra-DLF land deal are:

1.Illegal purchase of land in Shikohpur,Gurgaon by Vadra's company,Skylight hospitality in Feb,2008.

2.Sale deed records that Vadra bought the land from Onkareshwar properties through a cheque of Rs 7.5 crores from Corporation bank which is bogus transaction since Skylight's balance sheet had on Rs 10 lakhs as paid up capital.

3.Reference is also made to Corporation bank's clarification that no such overdraft was extended by them & the Rs 7.5 crores was simply a book entry in Skylight's balance sheets.

4.Actual payment to Onkareshwar is done 6 months later.By then Vadra had sold the land to DLF & had money in his bank.This makes the sale illegal because no money changed hands at the time of registery,nullifying Vadra-Onkareshwar deal.

5.By registering a cheque which they never intended to cash,Khemka concludes,Vadra & Onkareshwar effectively lied before a public servant which is punishable with jail sentence of 7 years.

There  are two opinions on the legality issue:

1.Vadra's supporters say that sale amounts to purchase & transfer of property & payment can be made/received in the future.Since payments were made 6 months later,the seller got his consideration therefore,the transaction was legally & effectively closed.So this becomes a non issue!

2.Those opposing Vadra suggest this entire land deal to be a classic benaami deal where Vadra was simply a front for the real beneficiary,DLF which paid the consideration for the deal between Vadra's company,Skylight,&, Onkareshwar properties after 6 months,immediately after which Vadra entered into back to back agreement with it for resale at Rs 58 crores.Vadra was simply engaged to influence Haryana govt to grant land use permission for colonization process.

Everybody is entitled to an opinion but  his supporters are countered by a clear pattern emerging out of his other land deals which ominously resemble this deal.