DLF defence torn to bits

DLF defence torn to bits

Anti-graft activist Arvind Kejriwal on Tuesday dismissed clarifications of DLF about unsecured loan issued and properties sold to Robert Vadra’s companies as “bunch of lies.”  

Rejecting the clarification of DLF about unsecured loans,  he cited balance sheets of Vadra’s companies which show Real Earth Estates Pvt Limited received a loan of Rs 5 crore from DLF in 2009-10. This has been declared unsecured in the return filed to the Registrar of Companies.

In another transaction same year, Vadra’s company Sky Light Hospitality received Rs 50 crore from DLF. This has been shown as an advance paid for a land in Manesar Gurgaon). The land which was acquired a year ago for Rs 15.38 crore was sold to DLF for Rs 58 crore.

Refuting the claim of DLF that it gave advance in 2008-9 and took possession of the land the same year, Kejriwal said that the balance sheets show that the advanced money of Rs 50 crore and the land  are under the possession of Vadra’s company. No interest on the advance money has been charged.

DLF advanced Rs 10 crore and Rs 15 crore in other two transactions in 2008-2009.
“Is it a normal business practice to give an advance of 90 percent of the transaction and let it remain with the seller for more than two years?” questioned Kejirwal. “What is the difference between the unsecured loans advanced to Kanimozhi and Vadra?”

Kejriwal has also rejected DLF’s clarifications on flats in Aralias and Magnolias. He pointed out discrepancies in the statement filed by Sky Light Realty and the statement of DLF.

According to the balance sheets of Sky Light Realty, Vadra’s company, he purchased properties in Aralias in 2009-10 for Rs 89.41 lakh. The balance sheet of 2010-11 shows an increase in the value of the property of Rs 8.57 crore.

About the property in Magnolia, SLR’s balance sheet 2009-10 shows seven flats for Rs 5.232 crore while DLF has said each flat costs Rs 5 crore in Magnolia.

BJP demands apology

The BJP on Tuesday demanded a public apology from social activist Arvind Kejriwal for “making factually incorrect allegations” against them in their protest against power tariff hike.

A day after welcoming Kejriwal and his team on the dais during the protest, BJP General Secretary Vijay Goel strangely appeared before the party media briefing on Tuesday afternoon to express his displeasure against the social activist's behaviour.

He claimed Kejriwal turned up at the venue uninvited and wanted to speak. He was allowed to speak out of courtesy.

But, what he said from our platform was “pure lies” and for that we demand a public apology from him, Goel, wearing a black cap, said.
Moily defends Vadra
Corporate Affairs Minister Veerappa Moily on Tuesday came to the rescue of UPA chairperson Sonia Gandhi’s son-in-law Robert Vadra by saying that the government did not come across any violations in the controversial business deals Priyanka’s husband had struck with real estate giant DLF.

Arvind Kejriwal released a new set of documents on Tuesday to establish quid pro quo between Haryana Government, DLF and Robert Vadra, which as per Kejriwal was essentially an answer to Finance Minister P Chidambaram’s assertion that deals between two private individuals cannot be probed unless ulterior motive could be established.

Attempting to deflect fresh charges against fired by civil activist Arvind Kejriwal, Moily, interestingly told a news channel: “No violations found in DLF-Robert Vadra issue. We checked into six companies where Vadra has stakes, prima facie there’s nothing wrong”.

Next expose on Oct 16

Kejriwal said another VVIP will be exposed on October 16. He was earlier scheduled to make some startling revelations on October 10, reports DHNS from New Delhi.

In a crowded press conference, he also appealed the people to send documents about transactions of BPTP developers which have projects in Haryana and Gurgaon. He also appealed for documents about transactions of the India Bulls company.

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