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BJP accuses Kapil Sibal of land scam

ANI  |  New Delhi [India] 

The on Thursday alleged that senior and his wife are involved in a land scam.

According to a media report, the duo acquired a piece of land valued at Rs 89 crore in New municipal area by paying much less amount for acquiring the holding company, when Sibal was the during the tenure of the party.

The said that Sibal had a business deal with a person who was accused of money laundering.

"The person who was being probed by the (CBI) for bribery during the and against whom South African journalists levelled charges of money laundering, from him and his wife got ownership of a company named Grande Castello Private Limited," and told media, quoting the report.

Irani added, "Is it so natural for the leadership today to embrace money launderer, to shake hand with those that they had investigated for bribery?"

The media report said that Sibal and his wife allegedly bought 100 percent shares -50 percent each - in a company that had a paid-up capital of Rs one lakh.

"The company, Grande Castello Private Limited, owns the land in that was cost at Rs 89 crore in the books of the company before the acquisition," the report quoted.

On a related note, and his mother are also accused of acquiring properties at lower prices in Herald case.

Moreover, Sonia Gandhi's daughter Vadra and are also involved in controversies relating to land deals.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 29 2018. 19:00 IST
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