Chidambaram rules out probe into Vadra-DLF business deals
MDT/PTI 08 October 2012

According to the Finance Minister, private transactions cannot and ought not to be allowed to be questioned on the basis of imputations and insinuations

New Delhi: Ruling out any probe into business dealings between Sonia Gandhi's son-in-law Robert Vadra and realty major DLF, Finance Minister P Chidambaram on Monday said the government cannot look into private transactions unless there are specific allegations of corruption, reports PTI.

 

"...unless there is a specific allegation of quid pro quo or corruption, I am afraid private transactions cannot and ought not to be allowed to be questioned on the basis of imputations and insinuations", he said while responding to a question on the Vadra-DLF deals at the Economic Editors' Conference here.

 

Civil rights activist Arvind Kejriwal had demanded an inquiry into business dealings between Vadra and his companies and real estate giant DLF.

 

Kejriwal had alleged that DLF gave interest free loan of Rs65 crore to Vadra. The company as well as Vadra had denied the allegations.

 

Chidambaram said he "could not respond (on the issue) on behalf of the government because that is not the issue here. I think those who made their allegations have made their statement, the company concerned has made a statement and the individual concerned has made a statement".

 

Vadra had earlier dismissed Kejriwal's allegations as "utterly false and defamatory" saying that his business transactions were "fully reflected" in financial statements before government authorities in compliance with the law.

 

DLF too had rejected the allegations that it had given unsecured loans to Vadra as a 'quid pro quo' for favours and said it had transparent dealing with him as an individual entrepreneur.

 

Kejriwal had alleged that besides an interest free loan of Rs65 crore, DLF gave properties worth Rs300 crore to Vadra at throwaway prices.

Comments
MOHAN
10 years ago
Right to Incommunication (RTI)?

You may ask any number of questions to Manmohan and members of G-family about their wrong doing, inefficiency, corruption, and also probity and accountability , they are just incommunicative to questionings.

It is the RTI of G-Gang !
NSriramamurty
Replied to MOHAN comment 10 years ago
by RTI,we can not obtain Private People's Information without Consent of Concerned-who will never give consent.Only Govt.Dept's have Powers to Demand / Verify Private Records including their Computers / Lockers / Money Flow in their Accounts. THUS PRELIMINARY Enquiry is a Must for Meaningful / Careful Allegations .Then only Corruption can be Controlled-due to fear factor for illegal money grabbing.As one Reader Questioned-Why DLF gives Rs.65 Crores Loan Interest FREE-while it is in Financial Trouble with Heavy Debts paying 22% Interest PA.It is coming out of its Financial Problems getting Required Favours from Govt.People.Chidambaram is not Home Minister controlling CBI-do not have any duty to Deny it-He Denied only to Please Sonia Gandhi.
MOHAN
Replied to MOHAN comment 10 years ago
.

It is also a fact that our journalists never ask tough questions to G-Family!
M G WARRIER
10 years ago
FM is right here. Where is the hurry? And compared to stories of plundering of thousands of crores surfacing in ‘official’ reports which are also being dodged and ‘defended’ with counter allegations, these are too small amounts to be taken cognizance of. Let us hope someone brings forth some allegations involving some decent amounts and in a manner acceptable to FM.

NSriramamurty
Replied to M G WARRIER comment 10 years ago
It Looks as if you are Asking INDIANS to do the work of Investigating Agencies-even though they do not have any Powers to do it-except RTI,which is in Bud stage now-without giving any informations on Powerful Lobby People and taking Years together to give very little information.
M G WARRIER
Replied to NSriramamurty comment 10 years ago
Sorry, Sriramamurty, if I confused you! I was expressing the helplessness of the Indian in a different way. In this case, FM has no mandate to defend the person against whom some allegations are made. That person and the DLF are strong enough to defend themselves. But the entire ‘establishment’ has come out. Many who have views in support of IAC are claiming shelter under anonymity when they speak to media. Many refuse to express their views. What is going on?
NSriramamurty
10 years ago
DLF is Public Ltd. Company with Millions of Shareholders Money invested in it.In AP,in Jagan Mohan Reddy's case also,Govt. or Concerned Govt.Depts includind Income-Tax Dept.,Anti Corruption dept. Only PIL in High Court made Anti-Corruption Dept. Attached his Properties for Rs. 51 Crores and CBI says in Supreme Court that Rs.Thosands of Crores Frauds will be Booked by it & Charge Sheets filed.On Jagan's Appeal for Staying CBI's enquiry,SC said that Let Preliminary Enquiry be Over ,based on which Further Action to be done can be Considered.SC refused Bail to him for 3 more Months. IT is also QUID PRO Case only as Warda's.GOI or Delhi Govt. shoud ask for PRELIMINARY ENQUIRY from CBI & Income Tax Dept. Govt. is Callosius vis-a-vis our Judiciary.
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