Haryana land deal: Robert Vadra appears before ED on 3rd day
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New Delhi (PTI): Robert Vadra, the businessman brother-in-law of Leader of Opposition in Lok Sabha Rahul Gandhi, appeared before the ED on the third straight day on Thursday for questioning in a money laundering case linked to alleged irregularities in a 2008 Haryana land deal case.
The 56-year-old has been questioned for over ten hours in the last two days as part of the investigation and the recording of his statement process under the Prevention of Money Laundering Act (PMLA) will continue Thursday, officials said.
He reached the ED office in central Delhi shortly after 11 am accompanied by his wife Priyanka Gandhi Vadra, who is MP from Wayanad.
Vadra had called the ED action borne out of "political vendetta" against him and his family, and said that while he has always cooperated with the agency and furnished thousands of pages of documents, he needed a "closure" in these cases which are almost 20 years old.
The probe against Vadra is linked to a land deal in Haryana's Manesar-Shikohpur (now sector 83) in Gurugram.
The deal of February 2008 was done by a company named Skylight Hospitality Pvt Ltd, where Vadra was a director earlier, as it purchased a 3.5 acre of land in Shikohpur from Onkareshwar Properties at a price of Rs 7.5 crore.
A Congress government led by Bhupinder Singh Hooda was in power at that time. Four years later, in September 2012, the company sold the land to realty major DLF for Rs 58 crore.
The land deal got embroiled in controversy in October 2012 after IAS officer Ashok Khemka, then posted as the director general of Land Consolidation and Land Records-cum-Inspector-General of Registration of Haryana, cancelled the mutation of this categorising the transaction as violative of state consolidation Act and some related procedures.
The BJP, which was in opposition then, had termed the case an instance of "corruption" in land deals and that of "nepotism", hinting at Vadra's kinship with the first family of the Congress party.
Haryana Police had filed an FIR to probe this deal in 2018.
Vadra has been questioned multiple times by the federal probe agency in two different money laundering cases earlier.
Sources told PTI that the ED will soon file chargesheets in all these three cases being investigated against Vadra.
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IMF approves USD 206 million emergency funding for cyclone-hit Sri Lanka's recovery
Colombo (PTI): The IMF has approved an emergency funding of USD 206 million under its rapid finance instrument to help Sri Lanka “address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability”.
The cyclone caused widespread destruction in the island nation and left over 643 people dead.
In a statement issued on Friday, the Washington-based International Monetary Fund (IMF) said the disaster has created urgent humanitarian and reconstruction needs, generating significant fiscal pressures and balance-of-payments needs.
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The emergency financial support provided by the IMF under the rapid finance instrument will help address these pressures, it said.
The IMF added that the cyclone devastation hit when the Fifth Review of Sri Lanka’s USD 2.9 billion bailout was nearing completion.
“Given the time needed to assess the economic impact of the cyclone and examine how an IMF-supported programme can best support Sri Lanka’s recovery and reconstruction efforts while preserving objectives and policy priorities, the Fifth Review has been deferred," it said.
"An IMF mission team will visit Sri Lanka in early 2026 to resume discussions,” it added.
The 48-month extended fund facility deal with the IMF in March 2023 carried hard reforms to Sri Lanka's welfare-based governance.
It was signed after Sri Lanka plunged into an unprecedented economic meltdown with its first-ever sovereign default.
Several hours before the IMF decision, the parliament here approved without a vote a supplementary estimate of LKR 500 billion, which the government said was required to restore the livelihoods of those affected by the disaster.
