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Thursday, March 26, 2015

CAG report says Haryana CM Bhupinder Singh Hooda 's government was soft on Robert Vadra's land deals

Robert Vadra’s land deals in Haryana are in the news once again. 
The Comptroller and Auditor General (CAG) has hinted that Congress president Sonia Gandhi’s son-in-law Vadra was unduly favoured by the previous Bhupinder Singh Hooda government in the state for striking the land deals with realty giant DLF. 
In its report tabled in Haryana Assembly on Wednesday March 25,2015, the CAG said that the Hooda government’s action caused loss to the government exchequer and the possibility of extending favours to Vadra in connection with the land deals cannot be ruled out. 
“The possibility of extending undue benefit to particular applicant (Vadra’s company) cannot be ruled out,” the CAG report said. 
The CAG also questioned the “distinction” made by the Hooda government for Vadra’s company Skylight Hospitality while granting permissions. 
Pointing out the irregularities, the CAG report said Skylight Hospitality sold a prime 3.5-acre piece of land in Gurgaon district to DLF in 2008 for Rs 58 crore. The actual cost of the land was around Rs 15 crore. 

Robert Vadra sold the land to DLF after obtaining Change of Land Use (CLU) and other permissions from the Congress government which was ruling Haryana then. The irregularities in the land deal were found after the CAG ordered a Performance Audit of various builders and reviewed various permission granted by the then Haryana government. 
CAG has asked the state government to recover Rs 41.51 crore from Vadra’s firm which had sold the land to DLF. The audit report pointed out that Vadra earned Rs 43.66 crore from the deal by spending just Rs 7.5 crore, and that too after six months of the controversial deal. 
“As per bilateral agreement referred ibid, the developer was required to retain a profit of Rs 2.15 crore after developing the project but in the instant case the firm earned a profit of Rs 43.66 crore by selling this licence to DLF but had not deposited the profit i.e. `41.51 crore in the government account,” says the report



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