Press Esc to close
Sunday 29 March 2015
News updated at 2:48 PM IST
Weather
Max: 33.9°C
Min : 20.1°C
In Bengaluru
Sunny day

For Ponty Chaddha, connections just flowed

Sanjay Pandey Lucknow, Nov 17 , 2012 , DHNS

Ponty Chaddha, the undisputed liquor baron of Uttar Pradesh who was killed by his own brother in a shoot- out in Delhi on Saturday, kept his friends close.

That perhaps was the reason that Chaddha, who had close ties with BSP supremo Mayawati, remained unscathed even during Akhilesh Yadav’s regime.

Chaddha, who hailed from the brass city of Moradabad in UP, about 160 kms from New Delhi, took full advantage of his political connections in UP and delved into real estate, liquor, sugar mills and even supplying “anganvadi” food.

The Mayawati regime was quite generous with Chaddha and awarded his company liquor contract for the state. Later, the BSP government also sold, in a controversial deal, the loss making state-owned sugar mills at throwaway prices.

Chaddha’s liquor business was mired in controversy following charges that liquor was sold well above the printed price. It was alleged that he had a tacit understanding with officials and politicians and shared the spoils with them.

The Comptroller and Auditor General of India had also detected large-scale irregularities in the sugar mills deal and said the mills were grossly undervalued, resulting in windfall gains for the buyers. The CAG said Chaddha, who was also linked to the cartel, had bought five mills while the rest were sold to two other parties, including a BSP parliamentarian. The deal, according to the CAG, caused Rs 1,200 crore loss to state. The state government had
recently asked the Lokayukta to investigate into the deal.


Go to Top

Photo Gallery
Brand ambassador Pranitha subhash at Jewels exotica Akshaya Tritiya jewellery shopping...

Brand ambassador Pranitha subhash at Jewels exotica Akshaya Tritiya jewellery shopping...

Bollywood actor Katrina Kaif with her wax model at Madame Tussauds in London...

Bollywood actor Katrina Kaif with her wax model at Madame Tussauds in London...

Models at a fashion show at IIFT in Bengaluru on Friday night...

Models at a fashion show at IIFT in Bengaluru on Friday night...

People watch the PSLV-C27 take off carrying India's fourth navigational satellite in Sriharikota...

People watch the PSLV-C27 take off carrying India's fourth navigational satellite in Sriharikota...

A view of Vidhan Soudha which was powered off during the Earth hour in Bangalore...

A view of Vidhan Soudha which was powered off during the Earth hour in Bangalore...

Security persons recover articles after an encounter with the Maoists in Latehar...

Security persons recover articles after an encounter with the Maoists in Latehar...

Dancers perform during  procession to mark the Hindu festival of Ram Navami in New Delhi

Dancers perform during procession to mark the Hindu festival of Ram Navami in New Delhi

Youths participate in a rally during Northeast NSS Festival in Agartala on Saturday...

Youths participate in a rally during Northeast NSS Festival in Agartala on Saturday...

Artists dressed as Hindu gods on the occasion of Rama Navami festival in Bengaluru on Saturday...

Artists dressed as Hindu gods on the occasion of Rama Navami festival in Bengaluru on Saturday...

Artists performing ballet 'Durga Saptashati' in Bhopal on Friday evening...

Artists performing ballet 'Durga Saptashati' in Bhopal on Friday evening...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523