Track2Realty: Stung by allegations of corruption from social activist Arvind Kejriwal, real estate major DLF on Saturday, Oct 6, vehemently denied it had advanced any unsecured loan to Congress chief Sonia Gandhi’s son-in-law Robert Vadra.
“We would like to state that the business relationship of DLF with Robert Vadra or his companies, has been in his capacity as an individual entrepreneur, on a completely transparent and at an arm’s length basis. Our business relationship has been conducted to the highest standards of ethics and transparency, as has been our business practices, all around,” the statement said.
DLF went on to deny that it sold any of its assets to Vadra at throwaway prices, or the existence of a quid pro quo in the business transactions.
“We wish to categorically state that the DLF has given no unsecured loans to Vadra or any of his companies,” DLF said in a statement released on Saturday, a day after India Against Corruption (IAC) activist Arvind Kejriwal levelled these charges against Vadra.
“At no stage was a property ever sold to the Skylight Group (in which Vadra is a director) below the then offered price to all customers,” it said.
“DLF vehemently denies any quid pro quo in its transactions with Mr. Vadra and his group of companies,” it added.
