4:15 am - Friday November 13, 2015

Robert Vadra silently shuts down six companies

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While none of us are watching, Robert Vadra is shutting down six agro based or agro processing companies he had set up two years ago. The six companies are Lifeline Agrotech, Greenwave Agro, Rightline Agriculture, Future Infra Agro, Best Seasons Agro and Prime Time Agro, Hindustan Times reported. These were all private limited company that came into existence between June and August in 2012. The other partner of Vadra in this was  Amit Mehta, also a partner of Vadra in the business set up with DLF.

Vadra has been in news recently for several reasons beginning from enjoying special security check exemptions in the airport and questionable land deals in which he used DLF money to buy land in Haryana and bulk land in Rajasthan desert.

In may this year, the BJP also complained that Vadra had stopped filing IT returns for almost two dozen companies since 2011. The BJP was asking why the Congress had been lenient towards him. This was right after Vadra came under scanner for the land deals. If Vadra does not file returns for the third time in a row, the government can levy hefty fines on him. Though he can get away with paying fines, he would not want further focus on his land and business deals by the media.

Vadra, the son-in-law of Sonia Gandhi and husband of  Priyanka Gandhi had started buying properties in 2009 and the value went up six times to Rs 300 crore in six years.

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