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CBI lodges FIR against Shankarsinh Vaghela, 6 Others in Rs 1,700 Crores NTC Land Scam

Today  Central Bureau of Investigation (CBI) has lodged an FIR against former Union minister Shankarsinh Vaghela and 6 others in connection with the ₹ 1,700 crore National Textile Corporation (NTC) land scam.

The then chairman-cum-managing director of NTC, Ramachandran Pillai, is among 6 others named in the FIR for selling its prime property in Parel, Mumbai to a private company. CBI conducted raids at 9 places in 4 different cities, including New Delhi, Gandhinagar, Mumbai and Kolkata. They are also conducting checks at the residence of Vaghela and others, according to sources. The search at all locations is said to be underway.He held textile ministry as a Cabinet minister when the UPA came to power at the Centre in 2004. At present, he is the Leader of Opposition in the Gujarat Assembly.