Robert Vadra, Son-in-law of Sonia Gandhi, had bought 70 hectares of land in Rajasthan for Rs.70 Lakhs for his Skylight Hospitality Pvt Ltd and sold the land to Allegeny Finlease Pvt Ltd, in 2012 for Rs 5.15 crore.
An unsecured loan of Rs.5.64 Crore bought on the land by Allegeny Finlease Pvt Ltd from Bhushan Steel and Power Limited (BSPL). During the same time, BSPL had got a tax notice to pay Rs.500 Crore.
BJP spokesperson Sambit Patra told to the reporters that “BSPL wrote to the Settlement Commission of the IT (Income Tax) department appealing against the order which said the company has to Pay Rs.500 crore. The commission also granted no immunity to BSPL against prosecution and penalty”
Patra also added that “As Bhushan steel had given money to Robert Vadra for buying his land, Vadra puts pressure on Sonia Gandhi and Rahul Gandhi to waive the Income Tax penalty and save BSPL and it is a clear case of corruption”.
Patra also pointed that the former Prime Minister Manmohan Singh for overlooking the ‘corruption’ during his period and asked “How much did the Gandhis benefit from the deal?”.
Buying lands at cheaper cost and selling it several time more to original cost is the main business of Vadra targeting Gandhis, will the Income Tax favor BSPL or ?