Robert Vadra amassed 300crores in 3 years - Kejriwal

[jairamesh]

How Robert Vadra made a killing in the Rajasthan sun http://www.firstpost.com/business/how-robert-vadra-made-a-killing-in-the-rajasthan-sun-634110.html The "son-in-law" eating mangoes all day.

You could call him IndiaÃÔ canniest real estate investor. Or you could suggest that he was helped by those who knew he was the son-in-law of IndiaÃÔ most powerful politician. But whichever way to you want to see Robert Vadra, there is little doubt that he made, and is still making, his biggest killing in the deserts of Rajasthan, a state run by a Congress government under Ashok Gehlot. Parts of this story have already been told in the media, including Firstpost. What we now bring you is the real scale of VadraÃÔ land holdings, and the humongous profit potential embedded in owning over 10,000 acres of land acquired for a song from unwary farmers. While his mother-in-law is trying to ensure that farmers get more than market prices, VadraÃÔ caper is about skimming the cream himself with inside knowledge. Sixty percent of the state (208,110 sq km) is low-cost desert land. It is dead land with no water or habitation in sight. The cost is often as low as Rs 20,000 an acre at some places. You canÃÕ make a killing unless you know someone would want to buy land at significantly a higher price than this. In this desert state, Vadra picked up piece by piece of wasteland that was strategically located near power sub-stations in Bikaner and elsewhere. And from the few examples at hand, he is raking it in. A plot of 30 hectares costing Rs 4.45 lakh bought two years ago now fetches nearly Rs 2 crore! .... Over 2,200 hectares of land was bought in Kolayat on a war footing in one year. One hectare is equivalent to 3.95 acres. So nearly 8,800 acres of land, equivalent to one sector of Gurgaon, was sold off in Kolayat. This is the tip of the iceberg, because this information is based on investigations conducted near just one power sub-station only. There are nearly 30 power sub-stations in Rajasthan. HereÃÔ an indicator of the kind of profits Vadra could have made. A plot of 30 hectares costing Rs 4.45 lakh two years ago now fetches nearly Rs 2 crore! VadraÃÔ Sky Light Realty Private Ltd bought this plot in Kolayat on 31 March 2010. Just two years later, on 4 May 2012 (according to a sale deed available with Firstpost), Sky Light sold off 29.36 hectares of land in Kolayat for nearly Rs 2 crore (Rs 1,99,58,121) to French joint Venture Fonroche Saaras Energy Pvt Ltd. The land was as barren as it was with the farmer. VadraÃÔ company did not add any value to it. Blue Breeze and Sky Light together sold over 55 hectares of land to Fonroche. Likewise, VadraÃÔ Sky Light Realty Pvt Ltd sold 3.25 hectares to one Rishipal, resident of Haryana, for Rs 22 lakh (Rs 7 lakh a hectare) on 11 May 2012. Interestingly, Rishipal sold this land to Fonroche seven days later on 18 May 2012. BJP MP from Bikaner and former IAS officer Arjun Meghwal wondered why Robert Vadra had to invest in dead land in Bikaner. Å°ne can understand Vadra investing in the Gurgaon realty sector, but why Bikaner of all the places,Ãò asked Meghwal. Well, he has his answer now. Bikaner is fast emerging to as the next solar hub in the country! And Robert Vadra made his hay in the sun.

[gs]

Go Vadra! Love your ingenuity in raping India!

[jairamesh]

There isn’t enough land on earth for Vadra avatar… http://www.firstpost.com/india/there-isnt-enough-land-on-earth-for-vadra-avatar-635769.html

In an interview to Playboy magazine in 1981, the iconic American actor John Wayne, who has played a cowboy hero in countless Hollywood films, offered an original alibi for white settlers in America, who have been accused of “stealing” land from the Native Americans. “I don’t feel,” Wayne said, “we did wrong in taking this great country away from them… Our so-called stealing of this country from them was just a matter of survival. There were great numbers of people who needed new land, and the Indians were selfishly trying to keep it for themselves.” In other continents too, the usurping of land – which was the primary source of wealth in an earlier time – happened in similar deceitful circumstances. The South African church leader and human rights activist Archbishop Desmond Tutu used to channel the old joke that when the missionaries first came to Africa “they had the Bible and we had the land. They said ‘Let us pray’. We closed our eyes. When we opened them, we had the Bible and they had the land.” Robert Vadra, our own cowboy hero who too boasts of six-pack abs and walks with a swagger, doesn’t have to go through soul-harvesting proselytization ceremonies or be accused of “stealing” land from the villagers of Rajasthan. Instead, in the banana republic over which his family presides, Vadra can use the ruse of “marketplace operations” to buy over 10,000 acres of wasteland on the cheap from villagers, and sell them for several multiples of profits within just two short years – as a Firstpost investigation by Raman Kirpal established on Thursday. Unlike the white settlers of America, Vadra actually paid villagers the then prevailing market price for the wasteland that they held in the immediate neighbourhood of power sub-stations in Rajasthan. In fact, the villagers were even beholden to Vadra’s companies for buying land that was practically useless, since no agricultural activity could be practiced on it. But within two years, in some cases, after the Central government announced the National Solar Mission Policy, the value of the wasteland that Vadra had procured multiplied manifold. Under the policy, subsidies of up to 40 percent were to be offered to set up solar power plants tied to existing grids, and the wasteland around the sub-stations became virtual goldmines overnight. And Vadra had acquired a near-monopoly on such land, because he had been cornering them on the cheap. Robert Vadra bought land, which he later sold for a profit: what’s illegal about it? That’s the likely alibi that will be trotted out by Congress leaders, and even senior Cabinet Ministers who came out swinging on his behalf when the allegations around Vadra’s ‘crony socialist’ nexus with real estate giant DLF was exposed late last year. What Vadra did, in its crudest form, is enrich himself unjustly from insider knowledge that the land-use pattern of the wasteland was about to change, which would dramatically push up prices. And he gained that insider knowledge solely on the strength of the fact that he had access to power by leveraging his status as the son-in-law of Sonia Gandhi, arguably the most powerful woman in India today. But the most delicious irony of the Robert Vadra Unjust Enrichment Scheme is that the Solar Mission Policy, which he rode to corner vast fortunes, was named after Jawaharlal Nehru, his wife’s great-grandfather. It’s always nice to keep it all in the family, of course. The American billionaire John D Rockefeller once offered his deep insight into the secret of success: “get up early, work late and strike oil.” In Vadra’s case, he didn’t even have to leave things to chance by prospecting for oil: all his land dealings were fully securitised to succeed – because they came with the sovereign guarantee of the Congress governments, at the Centre and in Rajasthan state. The goalposts had been set up for him to score easily. All he needed to do was turn up and walk away – with a John Wayne swagger – with the cash hoards. Just how much land can one man corner without feeling even a pang of guilt that he is gaming the system to his advantage, robbing poor villagers of what ought to have been their share of windfall profits from a change in land-use, and that he is playing on the asymmetry of information and profiting unfairly from his political familial connections? In the mythological story from the Puranas, Vamana, who is an avatar of Vishnu, asks for three paces of land as a gift from King Mahabali. Seeing Vamana’s dwarf form, the king agrees. Upon which Vamana reveals his vishwaroopam and with two of his giant steps, “acquires” all of heaven and earth. Having run out of land to offer, the king offers his head, on which Vamana implants his foot as a symbol of his “conquest”. Now, Vadra is no Vamana, far from it in fact. But like the mythological character, Vadra appears, in a manner of speaking, to be keen to corner all the real estate on heaven and earth. The only thing that will then remain is for him to plant his foot on our pitiful heads and drive us into the earth – where, as the Tamil poet Kannadasan famously said, all we can claim after we have shuffled off this mortal coil is six feet of land. “A man’s got to do what a man’s got to do,” said John Wayne on another occasion. As with Wayne, so with our cowboy hero: he’s just doing what he’s got to do…

[CG]

Everything has been covered up.

[jairamesh]

Robert Vadra is a poster boy of Congressi development policies.

[asterix]

You guys are just jealous of him.. Atleast he's not a "mass murderer .. yada yada yada"...

[King Tendulkar]

All forgotten , all brushed under carpet.

[Crookbond]

IAS officer Ashok Khemka transferred again http://www.thehindu.com/news/national/other-states/ias-officer-ashok-khemka-transferred-again/article4580639.ece

Senior IAS officer Ashok Khemka, who had kicked up a political storm alleging irregularities in land deals involving businessman Robert Vadra and DLF, was on Thursday again transferred by Haryana government for the second time in nearly six months. Mr. Khemka, at present Managing Director, Haryana Seeds Development Corporation, has been posted as Secretary, Haryana Archives relieving Vikas Yadav of the charge, an official release said here. During his 21-year-long career, 47-year-old Khemka has been transferred over 40 times. While no reasons were cited in the statement, sources said that the whistleblower bureaucrat had raised hackles over his decisions on postings and disciplinary action against employees of the Corporation. Mr. Khemka was shifted from the Director General Consolidation of Land Holdings and Land Records-cum-Inspector General of Registration to the Seed Development Corporation in October last year shortly after he initiated a probe into the land dealings between Vadra, son-in-law of Congress President Sonia Gandhi, and realty giant DLF. After cancelling the mutation of the land deal, Mr. Khemka had alleged that he had received a number of threat calls. Four Haryana deputy commissioners conducted inquiry into the deals after Mr. Khemka’s order and gave a clean chit to Mr. Vadra saying that there was no “undervaluation” or loss of revenue to the government in the land deals involving him in the state.

[ravishingravi]

http://timesofindia.indiatimes.com/india/Robert-Vadra-gets-clean-chit-in-Haryana-land-deals/articleshow/19678753.cms :yay::yay:

[King Tendulkar]

As sachinlara would say " Due process of justice has been followed, we cant argue with the process. Anyone saying otherwise is a traitor to the country as criticising our govt" LONG LIVE VADRA!!!

[FischerTal]

As sachinlara would say " Due process of justice has been followed, we cant argue with the process. Anyone saying otherwise is a traitor to the country as criticising our govt" LONG LIVE VADRA!!!

do you take that man to be sane? :hmmm:

[jiggo]

This verdict makes a mockery of CAG and it's role.

[Desi Cartman]

News channels are focused on the rape case and protests against it so Kangress used this opportunity to quietly close this issue forever

[diga]

Pages of file pertaining to DLF land deal missing,

In a new twist to the controversial DLF-Robert Vadra deal, two pages of a file pertaining to the case are missing from government records. The issue of missing pages came to light when former director general (DG) Consolidation and whistle blower IAS officer Ashok Khemka got the copy of that particular file through RTI. The two pages with notings on the previous Congress government's decision to constitute an official probe committee that later gave clean chit to Vadra and DLF of any wrongdoing in Gurgaon land deal are untraceable, the present State Government has said responding to Khemka's RTI plea.

Src: Firstpost