DLF : Rejoinder to media on allegations by Dr. Subramanian Swamy

A news item has appeared in a few English dailies based on a letter written by Dr. Subramanian Swamy to the President of India. The contents of the news item are false and baseless. The Company has issued a strong denial to these English dailies as given below

The story is based on certain allegations leveled by  Dr. Subramanian Swamy against DLF in a letter to President of India. The story is purely based on some wild accusations and charges, which are factually incorrect, hypothetical and hold no ground.

Just to put facts of the case on record, Shri Amit Mehta is not and has never been an employee of the DLF Group. Shri Mehta only served as a nominee Director on behalf of Skylight Group on the board of Saket Hotel Joint Venture Companies. Disclosures regarding this relationship have been made in all records.

We wish to categorically state that DLF Group has no knowledge, let alone association, of any kind with the five companies mentioned in your story, including the role of Shri Mehta in those companies. We, therefore, strongly refute the allegations contained in your story, which seek to connect these companies to the DLF Group.

DLF has also promptly written to the Registrar of Companies to request them to rectify their records, which may have inadvertently attached a generic DLF email ID erroneously with the name of Shri Amit Mehta. Just for your kind information, as per unique  DIN  in form DIN-I of Mr. Mehta, the correct Email id of Mr. Mehta is amitartex@gmail.com. Trust that we have clarified the issue completely.

The news item further alleges that Mr. Vadra used his political influence to get a 23-acre property near Rashtrapati Bhavan allotted to DLF for Rs.65 crore.  This is misconceived, a figment of imagination and nothing can be farther from the truth.

The above land has been in the private ownership of M/s. Keventers for more than three quarters of a century and therefore the question of any allotment of this land by any government agencies just does not arise.  The land use was first notified for Residential purposes way back in 1962, through the promulgation of Master Plan of Delhi and since then the land continues to remain as a residential land in all subsequent Master Plans. M/s. Keventers became a part of DLF Group in the year 2004 and various permissions for change of land use had already been obtained well before that. Subsequently, further permissions and approvals were obtained through several High Court Orders and not by receiving any undue favours from anybody.  The alleged amount of Rs.65 crore mentioned in the story is only a small portion of the fees and charges which the company has paid to the Government in strict accordance with the rates and charges notified for such purposes. This issue has also been raised in the public domain and in the media earlier and has been sufficiently clarified as such.

There is absolutely no link between the two issues and any attempt to draw incorrect inferences is hypothetical, ill conceived and baseless.

We once again reiterate that DLF follows the highest standards of corporate governance and has always acted strictly in compliance with all applicable laws, rules and regulations.

We would request you to kindly publish this rejoinder to clarify the same to your esteemed readers at the earliest.

For any further information, please contact:

Sanjey Roy
Sr. Vice President
Corporate Communications
DLF Ltd., Sansad Marg,
New Delhi - 110 001
Mob No. 9312069104 | Tel No. 011-42102111