LUCKNOW: The Enforcement Directorate (ED) Lucknow unit grilled Mohinder Singh, a former IAS officer and the former CEO of Noida Authority, at its Lucknow office on Wednesday.
The former officer, along with promoters and directors of Hacienda Projects Private Limited (HPPL), is accused of a scam worth Rs 636 crore.
Sources in the ED said that the former IAS officer was grilled for eight hours by the ED sleuths. Sources mentioned that verification of documents was done, and some were left to be completed. He will be called again as and when the need arises.
Last month, the ED conducted raids at 12 locations in Meerut, Noida, Goa, Delhi, and Chandigarh. It also included promoters and directors of the private company Hacienda Projects Private Limited (HPPL). The ED started a probe in the case based on the order of Allahabad High Court on March 1, 2024.
A consortium of companies was allotted land in Sector 107 under a scheme for group housing floated by Noida Authority in 2010-11. Hacienda Projects Private Limited (HPPL) was made a special purpose company for building and developing a residential project.
However, the promoters, without investing any amount, first got huge tracts of prime land allotted, launched a project, and collected Rs 636 crore from the home buyers. Out of this, they siphoned off almost Rs 190 crore, then sold a portion of the land to a third company, pocketed and siphoned the entire sale proceeds (Rs 236 crore), and paid a pittance to Noida Authority towards the cost of land/premium for land and lease rent, which they were supposed to pay.
They defrauded the home buyers, Noida Authority, banks, and other creditors.
