With Cong down and out, Robert Vadra moves to wind up six companies... With Congresss fortunes on a sharp downward spiral in recent months, party chief Sonia Gandhis son-in-law Robert Vadra has been winding up at least six of his companies even as one of his firms reported a profit of Rs 33 crore in 2012-13. According to official filings with the Registrar of Companies, Vadra has moved to shut down six of the 12 companies that he controls as director. These companies — Lifeline Agrotech, Greenwave Agro, Rightline Agriculture, Future Infra Agro, Best Seasons Agro and Primetime Agro — have been dissolved or are in the process of being dissolved in recent months. All six have been mostly engaged in acquiring property in Rajasthan, especially cheap land. Vadras move coincides with the dramatic downfall of Congress in the national elections. The specific date when he started the process of winding up is not clear, but it was initiated in recent months. Rs 33cr gain in 2012-13, Rs 2.3cr loss next year Narendra Modis ascent to power at the Centre, months after BJP defeated Congress in last winters assembly polls in Rajasthan, seems to have hastened Vadras actions. The new BJP government under Manohar Lal Khattar in Haryana too has decided to probe his suspect land deals, allegedly facilitated by the then Congress government. timesofindia.indiatimes/india/With-Cong-down-and-out-Robert-Vadra-moves-to-wind-up-six-companies/articleshow/45063792.cms
Posted on: Fri, 07 Nov 2014 06:08:48 +0000
Trending Topics
Recently Viewed Topics
© 2015