WORLD OF CRISIS

Aug 15, 2013

BJP New business model

BJP on Vadra land deals: New business model, make crores without investment


Aggressively taking on the issue of alleged land scams involving UPA chairperson Sonia Gandhi's son-in-law Robert Vadra, the BJP on Tuesday demanded setting up of a Supreme Court-monitored Special Investigation Team (SIT) to examine Vadra's land deals across Congress-ruled states like Delhi, Haryana and Rajasthan. "Our demand is that the SIT, which should be a multi-disciplinary authority to examine the alleged violation of the banking law, company law and income-tax law through these land deals, be set up and the probe monitored by the Supreme Court," BJP leader Yashwant Sinha told reporters outside the Parliament. Though Sinha tried to raise the issue in Lok Sabha on Tuesday morning, starting by mocking Vadra over his "unique business model where crores of rupees are made without investing any money", the Congress MPs raised an uproar and trooped into the well of the House. The Speaker then adjourned the House till noon.

Even after the Lok Sabha resumed business, the BJP sustained the attack by raising the slogan "Congress ka haath, damaad ka saath". This was immediately countered by the Congress MPs who shouted "Congress ka haath Soniaji ke saath, desh ke saath, garib ke saath". The House was subsequently adjourned till 2 pm.

Yashwant Sinha then launched a verbal attack against Vadra outside Parliament. "There may be many successful business models, but Robert Vadra has presented this country with a unique model where hundreds of crores of rupees can be made just by manipulation of land deals. I suggest that the one behind this unique business model be honoured by starting a Vadra School of Management. Finance minister P Chidambaram should get himself admitted in this management school and taught how to earn profits worth hundreds of crores without making any investments. He can apply the model to resurrect the Indian economy and arrest the fall of the rupee," Sinha mocked.

The former finance minster countered the government's argument that the Vadra land deals cannot be raised in Parliament as they related to a state issue. "Banking law is a government issue, serious frauds investigation office is under the government, banking is a central subject and so is income tax...We are acting as per the law by raising it in Parliament," he stressed. "The government is only tying to shield Vadra by not allowing this matter to figure in Parliament," alleged Sinha. Yash

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