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City Centre project scam:Ludhiana Improvement Trust dissolved

Written by: Staff
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Chandigarh, Sep 13 (UNI) Taking serious note of the reported Rs 3000 crore real estate City Centre scam in Ludhiana, the Punjab government today dissolved the Ludhiana Improvement Trust.

An offical spokesman for the Punjab government said here today an inquiry had been ordered, which is to be conducted by the Vigilance Bureau.

Inspector General of Police (IGP) C S R Reddy will conduct the inquiry and submit a report to the government at the earliest.

The multi crore housing-cum-commercial project was proposed to be developed on 25.59 acres of prime land in Ludhiana. A private building company, Today Homes had been allocated the project by the Ludhiana Improvement Trust.

The scam in which crores of rupees are alleged to have exchanged hands was exposed through a sting operation conducted by a private TV-channel recently. Shiromani Akali Dal (SAD) president Prakash Singh Badal had yesterday held Chief Minister Capt Amarinder Singh responsible for the scam and had demanded his resignation and a CBI inquiry.

Mr Badal had alleged that the City Centre, the largest project of its kind in the country, having a covered area of 45 lakh square feet, had been given the go ahead without proper government sanction. The Akali leader further alleged that the entire scam was conceived, masterminded and executed under the direct supervision of the chief minister in a brute and unabashed display of misuse of power.

Mr Badal had alleged that the project was alloted to a little known company at the behest of the Chief Minister, ignoring the claims of a few reputed real estate companies.

UNI HS DKB RS1912

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