Company which gave land to Vadra firm also gained: Khemka

Aug 11 2013, 03:46 IST
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SummaryPointing to the MCA21 portal of the Ministry of Corporate Affairs, Khemka alleged that Onkareshwar Properties received largesse from the Department of Town and Country Planning of Haryana

In his reply to the inquiry committee looking into the land deal between Robert Vadra and the DLF, IAS officer Ashok Khemka has pointed out that the fortunes of Onkareshwar Properties, the company from which Vadra’s firm Sky Light Hospitality purchased 3.5 acres in Shikhopur village in Gurgaon, also soared dramatically.

Pointing to the MCA21 portal of the Ministry of Corporate Affairs, Khemka alleged that Onkareshwar Properties received largesse from the Department of Town and Country Planning of Haryana after executing the sale deed in favour of Sky Light Hospitality on February 12, 2008 without receiving Rs 7.5 crore for the sale of land.

According to Khemka, Onkareshwar Properties was granted two group housing licences in Sihi, Sector 82, Gurgaon — one for 6.262 acres on April 11, 2008 and the second for 15.068 acres on June 1, 2008.

It also received a colony licence for plotted development of 4.831 acres in Shikhopur on June 1, 2008.

In his reply to the probe committee, Khemka alleged that the assets of Onkareshwar Properties multiplied over a short period of time — from total net asset of Rs 6,783 as on March 31, 2005 to Rs 70.84 crore, net investment of Rs 85.27 crore and fixed assets of Rs 9.76 crore as on March 31, 2011 with total paid-up capital of just Rs 25 lakh.

“This is a humongous scam and loot of public wealth by a vested political-bureaucratic-business nexus. Procedures governing grant of colony licences and change in land use permission must be made completely transparent so that the profits or premium, on account of grant of colony licence or CLU permission, do not accrue to middlemen”, Khemka stated in his reply.

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