Ex-IAS Officer Mohinder Singh's Properties Raided in Rs 9,000 Crore Noida Land Scam
The Enforcement Directorate raided former IAS officer Mohinder Singh's properties, uncovering Rs 1 crore in cash and precious items linked to a Rs 9,000 crore Noida land scam during the Mayawati government.
Noida Land ScamEnforcement DirectorateMohinder SinghMayawati GovernmentCorruptionReal Estate MumbaiSep 18, 2024
The scam, which allowed several large real estate developers to benefit, caused significant revenue losses for the government. During the raids, authorities seized Rs 1 crore in cash, Rs 12 crore worth of diamonds, and gold valued at Rs 7 crore.
The land scam reportedly revolved around a 10% payment policy for land allotments in Noida. Under Singh’s administration, this scheme was exploited to benefit several large developers, including well-known companies like Amrapali and Supertech, causing thousands of crores in losses to the state exchequer.
Real estate developers were allegedly granted lands at undervalued rates, leading to massive financial gains for those involved while the state lost significant revenue. Singh is also believed to have played a central role in favoring these developers, ensuring that they reaped the benefits of this corrupt system.
Mohinder Singh is one of the key accused in this land scam, where a controversial 10% land payment allocation scheme was used to facilitate these illegal transactions. The ED is also investigating other assets tied to Singh, both domestically and abroad, as the case unfolds.
About the Enforcement Directorate (ED)
The Enforcement Directorate is a law enforcement agency responsible for enforcing economic laws and fighting financial crimes in India. The ED is a part of the Department of Revenue, Ministry of Finance, and is responsible for investigating and prosecuting cases related to money laundering, foreign exchange violations, and other economic offenses.
Frequently Asked Questions
What is the Noida Land Scam?
The Noida Land Scam is a massive Rs 9,000 crore land scam that took place during the Mayawati government, where land allocations were manipulated for personal gain.
Who is Mohinder Singh?
Mohinder Singh is a former IAS officer and ex-Noida Authority CEO, who is implicated in the Noida Land Scam.
What is the Enforcement Directorate (ED)?
The Enforcement Directorate is a law enforcement agency responsible for enforcing economic laws and fighting financial crimes in India.
What is the 10% payment policy for land allotments in Noida?
The 10% payment policy for land allotments in Noida is a scheme that was exploited to benefit several large developers, causing thousands of crores in losses to the state exchequer.
What is the current status of the case?
The ED is currently investigating other assets tied to Singh, both domestically and abroad, as the case unfolds.
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