State revenue dept never probed Sami’s land deals

15
Vote


MUMBAI: The Enforcement Directorate (ED) may have confiscated properties of Pakistani singer Adnan Sami for violation of the Foreign Exchange Management Act, but the state revenue department is yet to investigate as to how the properties were registered by the stamp office.

According to records available with the ED, Sami had, in 2003, purchased eight immovable properties and five parking spaces in Oberoi Sky Garden CHS in Lokhandwala, Andheri for a total of Rs 2.53 crore without the RBI’s permission. In fact, a special branch of the Mumbai police, led by the then additional commissioner of police Suresh Kakkar, had at that time conducted a high-level probe into the singer’s transactions. Kakkar had submitted a comprehensive report to the then commissioner of police, saying that all the transactions were illegal and in blatant violation of the rules prescribed by the Centre and the Reserve Bank of India (RBI).

Following a report in the Times of India earlier this year, M Rameshkumar, who was the additional chief secretary at that time, had, on February 18, ordered a probe into how a Pakistani national not only managed to purchase immovable properties, but also registered them at the Andheri stamp office. Rameshkumar had asked the controller of stamp, R N Shringare, to conduct a probe and submit the report within a month. As per the guidelines prescribed by the Centre, a foreigner must obtain permission from the Centre as well as the RBI before purchasing immovable property in India.

“We will have to check all the relevant documents and information furnished by Adnan while registering the properties. We will also examine if he had given correct information on his nationality and whether our officials checked his nationality before registering the transactions,” Rameshkumar, who is now retired, had told TOI.

Following a routine order from the Centre on properties of Pakistani nationals in India, an official agency had conducted a probe into the properties purchased by Sami between 2003 and 2005. The agency had taken up Sami’s case with the RBI and the MEA. The RBI informed the agency that Sami had not taken its permission before purchasing immovable properties in Mumbai.

A senior revenue department official said that the controller of stamps has power to cancel all of Sami’s transactions if it was confirmed that the singer had purchased the properties without the permission of the competent authorities. “Now, it appears that the revenue department never conducted a probe into Sami’s property acquisitions,” he said.

[Story Source] [Contest win Rs 1000-100,000 now]

This post was submitted by Mudit Agrawal.

Related Posts
Centre of excellence for nursing to come up in city

Centre of excellence for nursing to come up in city

VADODARA: The first ever centre of excellence for nursing will come up in the city. The foundation stone for the college of nursing that will also serve as the centre of ...
      Banks see margin woes ahead on RBI double whammy

Banks see margin woes ahead on RBI double whammy

(Reuters) - The RBI's higher-than-expected rate actions together with a rise in savings rate could put Indian banks in a tight spot as they struggle with higher borrowing costs compounded by the in...
RBI credit policy: Rate hike pulls down Sensex by 463 points

RBI credit policy: Rate hike pulls down Sensex by 463 points

MUMBAI: Indian markets ended in the red for seventh consecutive session after the Reserve Bank of India's move to hike repo rate and reverse repo rate by 50 basis points each hurt sentiments. Share...
Same new trains, same old Budget

Same new trains, same old Budget

If today’s Rail Budget was an opportunity for Mamata Banerjee, poll-bound in West Bengal, to sign out of Rail Bhavan on a note of reform and change, she was in no mood to take it. Banerjee played safe...
Budget may have roadmap for new private banks

Budget may have roadmap for new private banks

India is considering allowing new private sector banks, including those by industrial houses, and a roadmap for the same could be announced in the Union Budget to be presented later this month.While t...
Bankers ask RBI to cut CRR, SLR in Third Quarter Review on Jan 25

Bankers ask RBI to cut CRR, SLR in Third Quarter Review on Jan 25

Amid liquidity squeeze and a higher than expected credit offtake, bankers today requested the Reserve Bank of India to slash the CRR and SLR in its upcoming Third Quarter Review of Monetary Policy 201...

Leave a Reply

 
We will keep You Updated...
Get Free Email Newsletter from VoteUpIndia Sign up for our free email newsletter. (Help?)
Read latest headlines in your favorite news reader
Follow VoteUpIndia  on Twitter Become a VoteUpIndia Fan on Facebook Subscribe to VoteUpIndia in Google Reader Add VoteUpIndia  to My Yahoo Add VoteUpIndia  to Netvibes Subscribe to Free Techie Buzz RSS Feed
Sponsored Links
Advertisements
Featured Video
Amazon
Best Storytellers
Powered by Authors Widget
Recent Posts

McDonald's Suspends Employee, Probes Child's Eviction From Pune Outlet

PUNE: After reports emerged that an eight-year-old destitute child was thrown out of an outlet of...

Why Arjun Made a Humble Request to Cast Sonakshi in Tevar

It's all about wearing your Tevar, this new year. Arjun Kapoor looked dapper at the initial promotions...

5 things Modi needs to do ASAP, after Bihar loss

It's not correct to transpose the outcome from a state election as a referendum on the central government,...

Sehwag's half century in All Star tournament.

The first match has been really special. We thoroughly enjoyed being here. New York, you were brilliant....

Bihar Defeat May Lead to Silent Rebellion in BJP Against PM, Amit Shah: Arun Shourie to NDTV

NEW DELHI: In the aftermath of the BJP's debacle in Bihar, Arun Shourie, one time admirer of Narendra...

Court Refuses to Stop Gillette Razor Ad Starring Deepika Padukone

New Delhi: The Delhi High Court has refused to stop a Gillette razor advertisement starring Deepika...

Bigg Boss 9: Roopal Tyagi voted out of the house

TV actor Roopal Tyagi was evicted from reality show Bigg Boss on Sunday’s episode. Roopal is the...
Recent Comments
How i can submit my story...? and where i can see the staus of votes for this?
IFFI lose its art value,so it became lose it commercial value
Dear sir I am sending an article which is based on true story and needs your help to lime light such incidents which never come in
Thanks for the interesting article. Great Post. Keep it up
It is indeed heartening to learn that LSE, the world leader in higher education, will join hands with the most admired Reliance Foun
Tag Cloud