Why Is The Top Management Of IGL Protecting Its Senior V.P. Ajai Tyagi From Cases Of Corruption?

There are many complaints against Tyagi but he is said to be too powerful as he is the blue-eyed boy of the IGL Management

Indraprastha Gas Limited is in the headlines for all the wrong reasons again. This time, it is the case of purchase of two parcels of land at three times the price prevailing in the market. The land scam is likely to rock IGL in the coming days as complaints have reached the Prime Minister’s Office (PMO). The same complaint has also been sent to the office of the Chief Vigilance Commissioner CVC).

Sources say that in late August) the PMO directed Secretary (Petroleum) to initiate quick action in a complaint filed against IGL by a whistleblower. The PMO received two complaints, first one in April, 2021 and the second one in July, 2021, alleging purchase of land parcels by IGL at inflated prices. The complaints pertain to the purchase of two land parcels in Karnal and one in Gurugram in Haryana at rates much higher than the prevailing market rates.

The complaints say that in July, 2019, IGL purchased a 3000 square metre land in Karnal (Haryana). This chunk of land was bought by the owner for Rs. 1.65 crore in January, 2019, and after a period of just six months, IGL bought the same piece of land for a whopping Rs. 5.80 crores, almost thrice the amount of the original purchase. Morevoer, the land, which is said to be purchased for setting up a City Gate Station, was not even applied for CLU (Change of Land Use) by IGL.

The complaint mentions purchse of another land Gurugram where IGL bought 2000 square metres of land to set up another City Gate Station. IGL had bought that land at Rs 6.70 crore, in an area where the existing rate of the land is around just Rs. 36 lakh per acre. (One acre is 4047 square metres). Here also, IGL did not secure Change of Land Use and also this chunk of land is a disputed as the high court has put a stay on the land. The matter is sub-judice due to the internal conflict between two brothers who are owners of the land and the High Court has put a stay in this case.

In the letter to the PMO, the complainant has mentioned the names of three senior IGL officials namely Ashim Batra, Senior Vice-President ( now retired); Ajai Tyagi, Senior Vice-President and Pavneet Singh Batra, Chief General Manager (CNG Projects & Planning). Present Director (Marketing) GAIL, E.S. Ranganathan was the Managing Director of IGL at that time.

Indraprastha Gas Limited is a joint venture between Gas Authority of India Limited GAIL), Bharat Petroleum Corporation Limited (BPCL), who hold 22.5 percent shares each while the Delhi Government holds 5 percent shares of the company. Rest 50 percent shares lie with institutional and retail investors.

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