The Central Bureau of Investigation (CBI) on Wednesday filed a chargesheet against Virendra Mhaiskar, chairman and managing director of IRB Infrastructure Developers Limited, and 17 others for criminal conspiracy and attempting to cheat the state by grabbing massive tracts of government land at village Pimpaloli along the Pune-Mumbai expressway for a proposed integrated township project.
The case was initiated in 2009 by RTI activist Satish Shetty, who was murdered in January 2010. The then sub-registrars of Lonavla and Maval talukas in Pune district and a lawyer are among the accused named in the chargesheet, which was filed in the court of special judge (CBI) A K Patil here. Mhaiskar and 11 others later appeared before the court, which granted them bail. The court also allowed Mhaiskar to travel abroad on conditions.
IRB Infrastructure Developers Limited is the holding company of the IRB Group. Its subsidiary, Ideal Road Builders Private Limited, was given the contract to maintain the expressway from August 2004 to 2019. Aryan Infrastructure Investments Private Limited is the other IRB subsidiary and real estate development arm which was involved in the purchase of land between 2007 and 2010. The sale deeds for some of these lands were later scrapped through a cancellation deed.
For the township project, the IRB Group had purchased 559 acres land at Pimpaloli from January 17, 2007 to June 23, 2010 and another 794.76 acres in village Taje from January 17, 2007 to April 18, 2011, the chargesheet stated. Most of these lands had already been acquired in the name of the Maharashtra State Road Development Corporation (MSRDC), which built the expressway, between 1995 and 2000, it added.
IRB Infrastructure Developers Limited, in a disclosure to the Bombay Stock Exchange and National Stock Exchange on Wednesday, which was signed by Mhaiskar, stated, “The company and its officials have been fully cooperating with the authorities during the course of the investigation and have provided all information and documents upon request.”
The disclosure further read, “We deny all allegations made against Mhasikar, Gadgil and the company in this matter and will seek appropriate remedies under the law.” Lawyer Rohit Takavane, who appeared for two of the accused who were arrested earlier in the case by the Lonavla city police and later released on bail by the Vadgaon Maval court, said, “The CBI court allowed our plea to continue the bail granted to the two accused on the same terms as laid down by the magistrate.”
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