Huge Bank Loan taken by Achyut Samant by mortgaging Govt. land illegally acquired by him.

Achyut Samant  has  not only  illegally  acquired  land  but also taken huge loan  of crores  of  rupees amount  by mortgaging   the same land.

Dear  friends

RTI Application was submitted  to the PIO  seeking the information  about details of NOC  ( No Objection Certificate ) granted  by IDCO  to KIIT to get loan from Bank  by mortgaging land leased out by IDCO  along with name of Bank , year of  NOC granted  loan amount  and acres of land  against which loan granted. On 7.9.18, the PIO  has  provided  the  following  information.

1.       As per CAG Report, Sri Achyut Samant, founder KIIT  has illegally acquired 82 acres of land. As per RTI Information. Sri Samant  has acquired illegally  Rs. 12 acres of land  of General Administration Dept.

2.       By  acquiring Govt. land through fraudlent means  and  his nexus  with  corrupt bureaucracy, Sri Samant  has taken  hundreds of  crores of loan  for infrastructure development of KIIT.

3.       IDCO  has not only facilitated granting illegal lease of land to KIIT  but also granted  NOC  on illegally acquired  land to get huge amount of loan from bank.

4.       Total 32 acres of  leased out  land  has been mortgaged  by KIIT  to  different Banks to get loan.  

5.       Sri Samant  may have taken around  loan of around  500 crore  by mortgaging leased out  of illegal land given by IDCO.

6.       The  following are name of the  8 banks  which have  granted huge   loan to    Achyut Samant .

Sl.No	Name of Bank	Year of NOC granted	Total  amount	Acres of  land against which NOC granted
1	Punjab National Bank C.S.Pur, Bhubaneswar	2012		Ac. 0.851:  IDCO Plot No. 26, 42 and 42/1
2	HDFC Bank Ltd. Sahid Nagar, Bhubaneswar	2012		Ac. 1.550: IDCO Plot No. 31
3	Oriental Bank of  Commerce, Alok Bharati, Sahid Nagar, Bhubaneswar	2016	T.I. Rs. 45.00 crore  & OD : Rs. 40 .00 crore	Ac. 10.20 : IDCO Plot No. 87 & Ac. 0. 150 . IDCO Plot No. 68
4	Bank of India, Bhubaneswar	2011		Ac. 0.500 IDCO Plot No. 41
5	Punjab National Bank C.S.Pur, Bhubaneswar	2007		Ac. 0.507, IDCO Plot.19
6	Allahabad Bank Ltd. KIIT, Bhubaneswar	2003		Ac. 10.130 IDCO Plot No. 15
7	HDFC Bank Ltd. Sahid Nagar, Bhubaneswar	2011		Ac. 3.504  IDCO Plot No. 51
8	Oriental Bank of Commerce, Alok Bharati Tower, Saheed Nagar	2010		Ac. 3.214, IDCO  Plot No. 44/C, 44/D & 44/E
9	Canara Bank , stock Exchange, Bhubaneswar	2009		Ac.0.501, IDCO Plot No. 22
10	Tata Capital Finance Service Ltd., Park Street , Kolkatta-16	2012		Ac. 0.989, IDCO Plot No. 28
11	Religare Finvest Ltd., Saket, New Delhi	2012		Ac. 4.828, IDCO Plot No. 28
12	Allahabad Bank, KIIT, Bhubaneswar	2008		Ac. 6.00, IDCO plot No. 14/A & 14/B
13	Oriental Bank of Commerce , Alok Bharati  Tower, sahid Nagar, Bhubaneswar	2011		Ac. 1.959, IDCO  Plot No. 23/B, 23/D, 41/E, 68/A, 68/B, 91,91/A & 91/B
14	Punjab National Bank, C.S.Pur, Bhubaneswar	2007		Ac. 1.501, IDCO Plot No. 18  & 19/A
15	Oriental Bank of Commerce, Alok Bharati Tower, Sahid Nagar, Bhubaneswar.	2006		Ac.2.00, IDCO Plot No. 20/A

Pradip Pradhan

M-9937843482

Date-19.9.18