Supreme Court Exposes Financial Scandal in DND Flyway Project
The Supreme Court upheld the Allahabad High Court's order halting toll collection on the DND flyway. A CAG report unveiled financial improprieties, including misuse of funds by NTBCL officials. This included distribution of gold coins and inflated expenses, leading to calls for investigation under the Prevention of Corruption Act.
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The Supreme Court has uncovered significant financial irregularities in the DND flyway project, upholding the Allahabad High Court's decision to cease toll collections. The Comptroller and Auditor General's (CAG) report highlighted shocking revelations of mismanaged funds.
Directors at Noida Toll Bridge Company Ltd (NTBCL), including senior bureaucrat Pradeep Puri, allegedly incurred unwarranted expenses. Notably, these included Rs 72.25 lakh worth of corporate gifts, legal fees of Rs 11 crore, travel expenses of Rs 400 lakh, and the restructuring of bonds costing Rs 33 crore.
This misuse of power extends to NTBCL and IL&FS, along with government oversight failures in NOIDA. The Supreme Court's findings call for actions under the Prevention of Corruption Act, citing the unlawful nature of fee delegation under the Uttar Pradesh Industrial Area Development Act of 1976.
(With inputs from agencies.)