Congress Leader Rahul Gandhi Headline Animator

Wednesday, October 5, 2011

BJP-led NDA indulged in Rs 15,000 crore HUDCO Scam: Congress


BJP-led NDA was an opportunistic alliance of diverse parties with contradictory ideology and without common programme.  BJP leaders made the most while the government remained in office.  Scams and scandals became rampant.  Public assets and finances were siphoned off systematically by BJP ministers for personal and for the benefits of interested parties. BJP leader and former Urban Development Minister Anant Kumar and other officials allegedly sanctioned loans to the tune of Rs. 14,500 crore without following procedures.  The Supreme Court slapped notice of the BJP Minister. In another case loans worth Rs. 550 crores were written off by the Urban Development Ministry in 2002-03.   In yet other case loans worth Rs. 500 crores were sanctioned to one party on a single day. Gross procedural irregularities cost the exchequer thousands of crores. Even the office and telephone expenses of Anant Kumar had been met by HUDCO according to the petition filed in the Supreme Court.

This article is posted by pressbrief.in 

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