While it is difficult to say for sure if Jeejaji Scam is true or not and perhaps no one will come to know because the govt will perhaps never do an honest probe in the scam, some facts speak for them. What is mentioned below came in yesterday’s Times of India on the front page:
The allegations in the Robert Vadra Scam:
1. 5 companies owned by Robert Vadra and his mother Maureen Vadra bought 31 properties in 2007-10 (during the Congress led UPA rule).
2. These include 50% share in Hilton Hotel in Saket, Delhi for Rs 31.7 Crore (current price = Rs 150 crore or more), 10000 Sq. Ft flat in DLF Aralias, Gurgaon, for Rs 89 lakh (current price = Rs 25 Crores), 7 flats in DLF Magnolia, Gurgaon, for Rs 5.2 Crores (current price Rs 100 Crores).
3. Balance sheets show these 5 firms had a total share capital of Rs 50 Lakh. Value of these properties on books was Rs 69.64 Crores. Firms had no obvious revenue stream. Seed money for acquisition came from unsecured, interest-free loan of over Rs 65 Crores from DLF.
4. Kejriwal and Bhushan claim that the worth of the properties when bought was Rs 300 Crores; now over Rs 500 Crores.
Source: The Times of India, October 6, 2012
The newspaper also mentions one quotation from Mr. Vadra:
“I have known the DLF people for a long time and they are friends of mine. I wanted to invest in real estate and one thing led to another.” – Robert Vadra, to Economic Times, March 14, 2011
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