CBI JD shifts focus to Vizag scam
Central Bureau of Investigation joint director V V Lakshminarayana is getting busy with more and more scandals surfacing. The latest in his list inquiries is the Rs 526 crore scam involving allotment of plots to private persons in MVP Colony by Visakhapatnam Urban Development Authority (Vuda) in violation of court orders.
For the last two days, the CBI top cop has been camping in Visakhapatnam, personally investigating into the land scam. He is learnt to have gathered a lot of evidence against the officials involved in the scam.
The Vuda then approved a proposal for allotment of six plots to these five persons and a developer in an extent of 3,282 square yards at a cost of Rs 3,500 per square yard, which was the minimum upset price for auctioning the plots in 2001, without taking the prevalent market rates into consideration in 2009. Armed with the land possession, the buyers even started construction of a multi-storied apartment on the land.
When the issue snowballed into a controversy, GVMC revoked the approval of the building plan three months ago. The plot buyers challenged the GVMC action in the high court. The court then directed the CBI, Visakhapatnam to take up an inquiry and file a report.
