India

IRB Infra drops to 5% after CBI filed charge sheets against it

IRB Infra drops to 5% after CBI filed charge sheets against it
Written by Pallavi Parmar

IRB infra dropped down to 5% after CBI on Wednesday filed charge sheets against 18 persons including some of the senior official of the IRB in the Pune Court. As per the reports, the Central Investigation Bureau alleged that Ideal Road Builders including 18 persons are involved in land grabbing case. Yesterday, the agency filed around two thousand page charge sheet in the special CBI court accusing the Ideal Road Builders official including managing director, farmers and agents of buying and reselling land which is originally acquired by the government for building Pune-Mumbai highway near Lonavala. Now CBI is investigating the case based on the filed charge sheets.

As per the reports, the Central Investigation Bureau is investigating the case based on the complaints by the RTI activist Satish Shetty who highlighted the land grabbing case of Lonavala before get stabbed in 2010. The charge sheet accused the land scam involving officials of Ideal Road Bureau, farmers and agents.

The land near Lonavala is meant for the Pune-Mumbai expressway which acquired by the government. However, later on, Aryan Infrastructure Investments Private Limited, farmers and agents forged land documents and resold it to IRB said CBI officials. Thus, based on the information obtained under the RTI filed by Shetty against IRB for cheating, criminal conspiracy and forgery; CBI filed charge sheets.

About the author

Pallavi Parmar

Journalism is my profession, Blogging and Writing are my passion, Travelling is my love, Food is my life and Feminist by nature.

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