The anti-graft agency Central Vigilance Commission (CVC) is looking into the issue of how a prime South Delhi property of Indian Farmers Fertiliser Cooperative Society (Iffco) was transferred to its Managing Director U S Awasthi as special incentive by the fertiliser cooperative's board of which he is a key member.
The CVC is investigating a complaint filed by the registrar and deputy commissioner (revenue) of South-West Delhi on the transfer of a 1,000-square yard property in the national capital's Hauz Khas locality to Awasthi by Iffco.
While the complaint alleged financial impropriety, Iffco denied the charge saying neither the cooperative is government owned or funded agency, nor the property in question is a public property.
"In the complaint, Registrar Nikhil Kumar said that Iffco has indulged in a financially improper transaction, through which prime land worth several crores has been transferred to its managing director through a conveyance deed in January this year," a senior government officer said.
Kumar has also brought this transaction to the notice of the secretaries of the department of Agriculture and Fertiliser, apart from the CVC, the official added. It was not, however, immediately clear if the CVC can probe Iffco or suggest action as the cooperative is a body outside the purview of the government.
Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks