Corruption Charges on Robert Vadra

[traveller]

Robert Vadra, the Son-in law of Sonia Gandhi is being alleged of Corruption Charges. He is alleged of acquiring property of Rs. 300 crore from Rs. 50 lakhs within 3 years without any business sources with the help of DLF. Varda got an unsecured, interest-free loan of Rs. 65 crore from DLF and from this he brought 31 properties. He is also alleged to have registered 6 new companies recently. These allegations were put only after through investigation by Arvind kejriwal and Prashant Bhushan. According to Kejriwal, the black money of Congress is being streamed to buy these properties. In my view he must be punished and all his property must be ceased by the Government.

Sad but true, corruption has clutched its claws so hard that it is slowly eating up the country. What do you think will Vadra be accused of Corruption and be punished or he will be given a clean sheet because he is the Son-In law of Sonia Gandhi?

 

[bharat]

The National Damad is involved has been charged of corruption. What can be more shameful than this? He will definitely get clean sheet because he is the son-in-law of the Chief of the ruling party Sonia Gandhi and moreover our whole system is so corrupt that it is no wonder that Robert Vadra will get clean-sheet.

 

[arnabbanerjee]

how corrupt robert vadra is?

charges against vadra:

1] manesar land deal: vadra bought land for Rs. 15 crore and sold it for Rs. 58 crore to DLF. the money was advanced by DLF .

2] corporation bank gave overdraft of Rs. 7.9 crore to vadra's company sky light hospitality (pais up capital Rs. 1 lakh). vadra repaid the money within an year to the bank.

3] DLF advanced Rs. 15 crore without interest and guarantee to vadra's company to buy land in faridabad. the deal failed and vadra repaid the money to DLF.

4] vadra bought premium luxury apartment: 1 in aralias and 7 in magnolia from DLF. vadra paid money only for aralias.

5] vadra was part of an SEZ jv with DLF in 2008. he exited the business at the same valuation of RS. 2.5 lakh.role in jv is unclear.


now lets refute these arguments one by one.

first DLF is a real estate development company and private company. in manesar and faridabad land deal, terms of loan vary with the financial condition of people. here robert vadra's financial condition convinces the company to lend vadra. DLF can give the same loan to ambanis and tatas. and DLF was right in assessing the solvancy of vadra. vadra payback the money within an year. whats the big deal here?

corporation bank lend money not to vadra but to his company sky light hospitality. individual and company are 2 separate entity in the eye of law. a company can get huge unsecured loan. tata and reliace also can get the same loan from DLF. and vadra payback the loan. where is the problem here?

on th luxury apartment case again a private company can sell their product on their own terms and condition. DLF sold 7 apartment at the cost of 2. it is their decision. also DLF showed that it is standard industry practice too. then whats the big deal? if you sell your product on "buy one get two free" basis, is there anything wrong?

regarding jv argument i don't understand the point.


i don't think robert vadra had done anything wrong.