MP govt files FIR against PICL manager in Mumbai

  • By TOI
  • | Saturday | 13th January, 2018

The transfer of 314 acres in Majiwada and Yeoor — once held by Gwalior State and, after Independence, the Union government as mortgage — took place in 1968. Finance minister Jayant Mallaiya is chairman of PICL while principal secretary Aniruddha Mukherjee is its managing director. Bhopal: In a stunning development in the alleged multi-crore Mumbai land scam, the Madhya Pradesh government on Friday filed a complaint against Atul Borkar, manager of Provident Investment Company Ltd (PICL) — a PSU of the state finance department.An FIR has been registered against Borkar at Cuffe Parade police station in Mumbai by PICL. Borkar was terminated this week by the state government on the basis of a report submitted by IAS officer Smita Bharadwaj, say sources.The MP government took action in the land deal controversy only after CBI registered two FIRs against PICL and MP government officials over alleged fraudulent transfer of 314 acres of land to builders in Thane. Dinshaw was the second son of the Karachi landowner and philanthropist Seth Edulji Dinshaw, and was one of pre-partition India's most prominent businessmen and lawyers.The properties of Mathuradas Gokuldas in Mumbai, Thane and Pune were mortgaged to the Gwalior State through the deed which included the land at Yeoor and Majiwada villages.

Bhopal: In a stunning development in the alleged multi-crore Mumbai land scam, the Madhya Pradesh government on Friday filed a complaint against Atul Borkar, manager of Provident Investment Company Ltd (PICL) — a PSU of the state finance department.An FIR has been registered against Borkar at Cuffe Parade police station in Mumbai by PICL.

Borkar was terminated this week by the state government on the basis of a report submitted by IAS officer Smita Bharadwaj, say sources.The MP government took action in the land deal controversy only after CBI registered two FIRs against PICL and MP government officials over alleged fraudulent transfer of 314 acres of land to builders in Thane.

Finance minister Jayant Mallaiya is chairman of PICL while principal secretary Aniruddha Mukherjee is its managing director.

Borkar was a clerk in the company and got promoted to manager.In the case dating back to the days of Princely State of Gwalior in 1925, CBI has filed two FIRs to probe alleged fraudulent transfer of 314 acres of prime land in Thane to builders by officials of a PSU and MP finance department.

The transfer of 314 acres in Majiwada and Yeoor — once held by Gwalior State and, after Independence, the Union government as mortgage — took place in 1968.


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