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  India   All India  26 Dec 2019  CBI takes over probe into Yamuna Expressway scam

CBI takes over probe into Yamuna Expressway scam

THE ASIAN AGE.
Published : Dec 26, 2019, 6:18 am IST
Updated : Dec 26, 2019, 6:18 am IST

Yamuna Expressway project was started by Uttar Pradesh former chief minister Mayawati in 2009 and inaugurated by Akhilesh Yadav in 2012.

 The CBI has registered the case under charges of criminal conspiracy and cheating, and provisions of the Prevention of Corruption Act on Tuesday afternoon, sources said.
  The CBI has registered the case under charges of criminal conspiracy and cheating, and provisions of the Prevention of Corruption Act on Tuesday afternoon, sources said.

New Delhi: The CBI has taken over the probe into the Yamuna Expressway scam for the alleged irregularities worth Rs 126 crore and named former CEO of the Yamuna Expressway Industrial Development Authority (YEIDA) and 20 others in its FIR.

According to sources, the Central probe agency has re-registered the Uttar Pradesh Police’s FIR that alleges YEIDA had paid Rs 85.49 crore for 57.15 hectares of land in seven villages in Mathura for development activities around the 165-km-long expressway connecting Greater Noida with Agra.

The state police had alleged that Gupta in criminal conspiracy with his relatives and associates first purchased the land from farmers and later sold it to YEIDA within four to six months of their purchase, causing loss to the exchequer. Yamuna Expressway project was started by Uttar Pradesh former chief minister Mayawati in 2009 and inaugurated by Akhilesh Yadav in 2012.

The YEIDA in its internal investigation had pegged a reported loss of Rs 126 crore to the exchequer, but the FIR refers to the payment of Rs 85.49 crore from the authority to alleged cronies of Gupta, who was CEO during 2013-15.  He has served in YEIDA as additional CEO and deputy CEO.

The police report, now part of the CBI’s FIR, states that Gupta’s relatives and cronies allegedly purchased land at cheaper rates through sham companies and sold it more than twice their purchase price to Yamuna Expressway Industrial Development Authority (YEIDA) causing losses to the exchequer, sources said.

The report also states that there was no utility of these lands for the authority and they still remain unused, sources said. The lands were mostly purchased during 2013-2015 when the Samajwadi Party was in power in Uttar Pradesh.

On July 24 last year, the state government had recommended a CBI probe into the alleged irregularities and it was forwarded to the agency by the Centre after 15 months on October 24.

The CBI has registered the case under charges of criminal conspiracy and cheating, and provisions of the Prevention of Corruption Act on Tuesday afternoon, sources said.

Tags: yeida, yamuna expressway scam