SATYAM’S-MAYTAS COMPANY CHAIRMAN R.C. SINHA’S ROLE AS VICE-CHAIRMAN & M.D. OF MADC NEED TO BE PROBED BY C.B.I

An Open Letter to :

Respected Hon'ble Prime Minister of India –

Dr. Shri Manmohan Singhji

SATYAM'S-MAYTAS COMPANY CHAIRMAN R.C. SINHA'S ROLE AS VICE-CHAIRMAN & MANAGING DIRECTOR OF MADC LTD. NEED TO BE PROBED BY C.B.I:

MADC- MIHAN PROJECT INSTRUMENTAL FOR CORRUPTION & GROSS MISUSE OF POSITION-POWER BY MAYTAS CHIEF R.C. SINHA TO THE PECUNIARY ADVANTAGE TO the TUNE OF CRORES OF RUPEES !

It's not all well in Vidarbha, being victim of globalisation :

MIHAN PAP-Farmers are till dying – rural economy is on the verge of collapse!

"Would you please spare few minutes ON THE MOST SERIOUS ISSUE OF CORRUPTION & GROSS MISUSE OF POWERS BY MADC'S VICE-CHAIRMAN & M.D. MR. R.C. SINHA TO GIVE ADVANTAGE TO SATYAM'S-MAYTAS COMPANY BENEFITING DUE TO HIS DIRECT INVOLVEMENT IN AWARD OF CONTRACTS WORTH CRORES OF RUPEES IN LIEU OF HELP RENDERED TO CORPORATES IN MADC'S MIHAN PROJECT BY R.C. SINHA AS ITS VICE-CHAIRMAN & M.D. !

WHO IS RESPONSIBLE FOR DIRECT LOSS OF REVENUE TO THE TUNE OF CRORES OF RUPEES GOVERNMENT / PUBLIC FUNDS ?

ARE THESE NOT SERIOUS CASES OF CORRUPTION & MISUSE OF POWERS BY HIGH PROFILE PERSONS LIKE SINHA ?

unfortunate PROJECT AFFECTED farmers HAVE BEEN EXPLOITED AND VIRTUALLY killed in extreme distress and due to complete failure of MAHARASHTRA Govt. TO CHECK THE CORRUPTION & MISUSE OF POWERS.

Ref : NEXUS BETWEEN SATYAM'S RAJU & MIHAN-MADC'S VICE-CHAIRMAN & MANAGING DIRECTOR MR. R.C. SINHA, WHO WAS CHIEF OF SATYAM'S-MAYTAS COMPANY TOO !

Respected Hon'ble Prime Ministerji,

You are well aware that, since last couple of years our organization–

Vidarbha Jan Andolan Samiti, is raising the issue of plight of poor farmers who are in extreme distress & suffering the heat of failure of Govt. policies of Liberalization / Globalization / Free Economy, which has resulted in complete collapse of Indian Rural Economy and perhaps Vidarbha Region has been branded as Epicenter of farmers suicides and is till witnessing a live lesson to learn.

From the days Your Honour occupied the Office of Prime Minister of India, we have been keeping you informed about the plight of farmers & agrarian community in Vidarbha and their distressed conditions. We have also kept Your Honour posted regularly with the facts & figures of the ruining Indian Rural Economy in the backdrop of Government Policies promoting Liberalization / Globalization / Free Economy and so called Development & Global Vision. We always prayed for your humble intervention in the interest of justice to the Project Affected Peoples-Farmers & Rural India.

Hon'ble PM Sir, with this representation, we invite your kind attention towards most serious issue of corruption & misuse of power by the high profile persons in the name of development & infrastructure building through the project like MADC's MIHAN which is being projected as so called "Global & Vision Project" of Vidarbha, an epicenter of Farmers Suicides in which thousands of farmers have killed themselves. Host of the Project Affected Persons (PAP) and Farmers have lost their lives. The information received from the inside sources is alarming and quite shocking. We want to share it with you and demand detailed CBI enquiry into the affairs of MADC's MIHAN Project and corruption-misuse of power-favoritism which caused loss of revenue to the tune of crores of rupees of the public exchequer.

Details are as under :-

i) Government of Maharashtra under the Chairmanship of Chief Minister of the State has formed a company named "Maharashtra Airport Development Authority Ltd." (MADC) under the provisions of Companies Act, 1956 in which many Government / Public Undertakings have been forced to contribute as share capital. Ex-Bureaucrat-Mr. R.C. Sinha, Retd I.A.S. was made Vice-Chairman & Managing Director of MADC with many top ranking IAS Officials were named as Directors on BOD of MADC Ltd., which started implementing big project in the name of MIHAN Near Nagpur and started projecting the said project as "Global & Vision Project" of Vidarbha.

ii) Under the disguise of Global Infrastructure Development in Vidarbha so called Vision Project-MIHAN-SEZ-HEALTH CITY-LOGISTIC TERMINAL- TOWNSHIP, ETC. were proposed by MADC Ltd.. Hundreds of Hectors of cultivatable agricultural land of poor farmers was put to an acquisition under the Land Acquisition Act. Even though, land acquisition award pertaining to entire land is yet to be passed, MADC Ltd, VC & MD Mr. Sinha started allotment & sale of prime land to the Multinational Corporates in a mysterious & hurried manner, even in pre-primary stage of the project.

iii) The Corporate-Multinational Beneficiary of such land allotment are as under :-

Satyam – 30 Hectors,

Vipul & Karamchand – 50 Hectors,

Reatox – 60 Hectors,

HCL – 31 Hectors,

SICOL Logistics Gupta Coal – 80 Hectors,

Ambuja Realities – 55 Hectors,

Kolland – 100 Hectors,

L&T Infotex – 50 Hectors,

HCL – 140 Hectors,

Wipro – 117 Hectors,

TCS – 54 Hectors,

Ascend – 60 Hectors,

DFL – 140 Hectors,

Boing – 45 Hectors,

Health City – 40 Hectors,

MRO – 72 Hectors,

iv) The bare perusal of the beneficiary reveal that the allotment has been done to the favoured without even completion of acquisition & ownership was reserved illegally without following due process of law. The irregularity were committed while allotting SEZ Land to the residential project of First City of Reatox Company, which was later disallowed by SEZ Board of Ministry of Commerce, Government of India, but the prime land was sold to many parties illegally and unauthorisedly. Even Bank Loan to the tune of crores of ruppes were raised by such companies under the disguise of ownership of land allotment by MADC. On the contrary, MADC was still to become lawful owner of the land at the time of such allotment made to the beneficiary company. This all has completed in a gross irregular manner contrary to the provisions of the MADC aims and objectives and the Rules governing disposal of land by the Government controlled companies in which Chief Minister is involved as a Chairman of MADC Ltd..

v) It is shocking to note that Sometime in 2007, MADC Vice-Chairman & MD Mr. R.C. Sinha managed to become Chairman of Maytas Company, which was promoted by one Mr. Raju, Satyam Managing Director's son. Interesting Satyam is the beneficiary of the land allotment at MADC's MIHAN Project. After becoming Chief of BOD of Maytas Company, started playing game of misuse of powers & position. On one hand Mr. Sinha was providing benefits of MADC's MIHAN Project to Corporates and on the other hand said Corporates were mysteriously giving contracts including EPC Contracts to Maytas company, for the obvious reasons.

vi) The misuse of powers and the positions at the hands of Mr. R.C. Sinha is quite interesting. For e.g. SICOL Logistics-Gupta Coal got contract for MADC's Rail & Logistic Terminal, on the other hand Maytas company got EPC Contract worth Rs. 450 Crores from Guptas. There are several examples like this. Mr. Sinha become Director on the Board of Ambuja & Indu Projects, the direct & indirect beneficiaries of MIHAN Project of MADC Ltd..

vii) Family Members, Relatives, Politicians blessed by VC & MD of MADC Ltd are the direct & indirect beneficiaries of the Corporates to whom MADC favoured at MIHAN Project either in allotment of land or otherwise. If you examine the share holders list and other business interest of these Corporates, the family members, relatives, closed friends and politicians blessed by VC & MD of MADC Ltd., you will come to know the truth.

viii) The assets & properties built by the relatives, family members, closed friends and politicians blessed by VC & MD of MADC Ltd. either in India or overseas specially in United States and Switzerland including Bank accounts in Swiss Bank will speak about amazing wealth acquired disproportionate to the known source of income directly in contravention of the provisions of Prevention of Corruption Act & other penal / criminal provisions of the Laws of the Land including violation of the provisions of Companies Act, 1956, FEMA Act and Income Tax-Wealth Tax Act.

ix) In such a way, Vice-Chairman & MD of MADC Mr. R.C. Sinha helped many corporates like Maytas company in which he was Chairman, Ambuja & others in which he or his family members, relatives, close friends were directly or indirectly involved. The misuse of position and power to give benefit and pecuniary advantages to the company in which he has direct personal interest is nothing but a matter of open corruption. The revenue loss caused to the public fund due to favouratism is a great matter of national concern.

x) The entire affairs at MADC Limited vis-à-vis advantages gained by Maytas and other beneficiary companies directly or indirectly with the influence, misuse of power & position by the person directly involved in both the entities give signals of open corruption which needs to be thoroughly probed and punished under the provisions of Laws of the Land, so that common man could not loose faith & belief in Rule of Law.

xi) Now, the root question raised in our mind that WHO IS RESPONSIBLE FOR DIRECT LOSS OF REVENUE TO THE TUNE OF CRORES OF RUPEES GOVERNMENT / PUBLIC FUNDS ? ARE THESE NOT SERIOUS CASES OF CORRUPTION & MISUSE OF POWERS BY HIGH PROFILE PERSONS LIKE SINHA ? These vital questions need to be answered by the independent enquiry

PM Sir, Vidarbha agrarian crisis coupled with gross corruption in the vision project like MIHAN is a live example of how we are proceeding in a Global Economy in which issues of Rural India, Project Affected People & Farmers have thrown to back benches.

We will be highly obliged, if you could spare few minutes to ON THE MOST SERIOUS ISSUE OF CORRUPTION & GROSS MISUSE OF POWERS BY MADC LTD VICE-CHAIRMAN & M.D. MR. R.C. SINHA TO GIVE ADVANTAGE TO SATYAM'S-MAYTAS & OTHER COMPANIES BENEFITING DUE TO HIS DIRECT INVOLVEMENT IN AWARD OF CONTRACTS WORTH CRORES OF RUPEES IN LIEU OF HELP RENDERED TO CORPORATES IN MIHAN BY R.C. SINHA.

We hope you will consider our request and order immediate CBI Enquiry, as the funds from Central Government and the PSU Controlled by Central Government alongwith State Undertaking are involved in the Project MIHAN of MADC Limited in which Mr. R.C. Sinha is involved. In fact, a complete white paper on the facts & figures is needed in this grave case, involving high ranking bureaucrats, politicians & big Corporates.

We also pray for personal hearing and opportunity of adducing evidence to demonstrate our case.

Hence prayed accordingly.

Yours faithfully,

For VIDARBHA JANANDOLAN SAMITI,

KISHORE TIWARI,

PRESIDENT

To,

Dr. Shri Manmohan Singhji,

His Highness Hon'ble Prime Minister of India,

PMO, South Block, Rashtrapati Bhavan Road,

NEW DELHI – 110 011.

CC to :

Her Highness Hon'ble Smt. Pratibhatai Devisingh Shekhawat Patil,

President of India, Rashtrapati Bhavan, Raisina Hills, New Delhi.

--
VINOD TIWARI / NAGPUR.
CELL : 09373117653/09822593943
FAX : +91-712-2528494