HC orders removal of NOIDA chairman, CEO over old charges

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Express news service :Allahabad, Nov 09 2012, 05:49 IST
The Allahabad High Court on Thursday directed removal of NOIDA Chairman Rakesh Bahadur and Chief Executive Officer Sanjeev Saran, ordering a CBI inquiry into the charges against them.

A division bench of Acting Chief Justice Amitava Lala and Justice P K S Baghel passed the judgment on a petition filed by the Madhav Samaj Nirman Samiti, a social organisation.

The two officials had been appointed by the Samajwadi Party government on May 4. The court also directed that the two officers not be posted in western UP for the next six months and not be given charge of other industrial authorities such as Greater Noida Authority and Yamuna Expressway Development Authority, said the counsel for the petitioner.

The Madhav Samaj Samiti had accused the officials of financial misappropriation during their previous tenure in the same posts, between 2005 and 2007, and sought their removal. At that time too, the state had an SP government. The two were accused of allotting plots to the hotel industry in the NOIDA township at Rs 7,400 per sq m, instead of the market rate of Rs 74,000 per sq m, leading to losses to the exchequer to the tune of over Rs 4,000 crore.

The high court directed the CBI to inquire into allegations regarding their previous tenures and submit a report within six months. Confirming the order to remove the two officers, Standing Counsel for NOIDA Shivam Yadav said: “We are yet to get a copy of the order. The terms and references for the CBI

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