Former CEO of Yamuna Expressway Industrial Development Authority (YEIDA) PC Gupta has been sent to 10-day police remand by an anti-corruption court here on Saturday.
Noida police led by circle officer of Greater Noida produced Gupta before the court here on Saturday and sought 14-day police remand for interrogation of Gupta to collect information about the alleged scam — modus operandi and people involved.
The court, however, granted 10 days for his interrogation after hearing arguments from both the sides. “He would be handed over to the Noida police,” additional district counsel Devki Nandan said.
Police will now interrogate the CEO to collect information about fake companies and people who were associated with the scam.
Gupta was arrested from Datia of Madhya Pradesh on Friday on charges of involvement in a land scam of over Rs 126 crore during his tenure as CEO of YEIDA between 2015-16.
The scam came to light after the divisional commissioner of Meerut Dr Prabhat Kumar, who is also chairman of the YEIDA, had ordered an inquiry on the basis of a complaint.
The first report of the inquiry was submitted in 2017 and thereafter another report submitted this year found irregularities. Thereafter a case of fraud was lodged against Gupta and his relatives at Kasna police station of Noida on June 3 on the directions of the commissioner.
According to Nandan, seven fake companies were formed in which Gupta’s nephew, his wife and other relatives were made directors as YEIDA had to acquire land for building roads to link Yamuna Expressway. These companies purchased land from farmers of 7 villages of Mathura, which was later acquired by YEIDA at double the price.
“The purchased land was of no use for the project but the said companies made huge money,” claimed Nandan, adding that the scam was calculated at over Rs 126 crore.
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