Chidambaram rules out probe into Vadra dealings with DLF

08 Oct 2012

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Ruling out any probe into business dealings between Sonia Gandhi's son-in-law Robert Vadra and realty major DLF, finance minister P Chidambaram today said the government could not look into private transactions unless there were specific allegations of corruption.

"...unless there is a specific allegation of quid pro quo or corruption, I am afraid private transactions cannot and ought not to be allowed to be questioned on the basis of imputations and insinuations", he said while responding to a question on the Vadra-DLF deals at the Economic Editors' Conference in New Delhi.

Civil rights activist Arvind Kejriwal had called for an inquiry into business dealings between Vadra and his companies and real estate giant DLF.

Kejriwal had alleged that DLF extended interest free loan of Rs65 crore to Vadra which was denied by Vadra.

Chidambaram said he "could not respond (on the issue) on behalf of the government because that is not the issue here. I think those who made their allegations have made their statement, the company concerned has made a statement and the individual concerned has made a statement".

Dismissing Kerjiwal's allegations as "utterly false and defamatory" Vadra said business transactions were "fully reflected" in financial statements before government authorities in compliance with the law.

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