Kejriwal making allegations 'out of hat' for publicity: DLF

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Press Trust Of India Mumbai
Last Updated : Jan 25 2013 | 5:33 AM IST

Rejecting Arvind Kejriwal’s allegations that DLF favoured Robert Vadra, the realty major has said that the social-activist-turned-politician was making these charges “out of hat” to gain publicity.

Kejriwal has alleged that DLF gave interest-free unsecured loan of Rs 65 crore to Robert Vadra’s companies and also sold properties to him at throw-away prices. He has charged that the Haryana government favoured DLF by allotment of land. “These are some of the allegations coming out of the hat. Everyone wants to be popular so how to become popular. He (Kejriwal) is a politician today. He has become like any other politician just going on throwing mud without even realising whether it is adding value or not,” DLF Commercial Developers Managing Director Ramesh Sanka said.

Sanka, who was earlier group chief financial officer, said in the realty business it was a normal practice to give advances to land owners for buying the land. “He (Kejriwal) is talking about Rs 65 crore. He is even questioning that will you give advances and keep it for two years, so the answer is yes,” the DLF official said.

Sanka said the company had disclosed in its IPO document about the thousand of crores advances that the company has given for buying land.

Refuting the charges by Kejriwal, Sanka said: “I was the group CFO and I was filing the compliance certificate. Come anything under the world, no body can get me to sign a non-compliance deal. Once I have signed it, let 10 Kejriwals come, they cannot find fault, that much confidence I have.”

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First Published: Oct 12 2012 | 12:08 AM IST

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