CBI books Chidambaram’s benami petitioner Upendra Rai for bribing and forgery. Found more than Rs.100 crores into his accounts

Was Upendra Rai, a benami for Chidambaram, distributing his largesse to corrupt officials and also laundering money?

Was Upendra Rai, a benami for Chidambaram, distributing his largesse to corrupt officials and also laundering money?
Was Upendra Rai, a benami for Chidambaram, distributing his largesse to corrupt officials and also laundering money?

Upendra Rai booked by the CBI

At last fixer Upendra Rai, acting in the garb of journalism has met his fate. The Central Bureau of Investigation (CBI) has booked the Delhi-based journalist Upendra Rai and the Chief Security Officer of a private aviation company for allegedly indulging in dubious financial transactions of over Rs. 100 crores ($16 million) and getting access to the sensitive airport entry passes made by the Bureau of Civil Aviation Security (BCAS) by furnishing false information. CBI started raids and interrogation on Wednesday night at eight locations in Lucknow, Noida, Delhi and Mumbai offices and homes linked to Upendra Rai. CBI is expected to produce all the accused before Patiala House Court on Friday.

In its FIR, the agency (CBI) has alleged that going by the value of transactions above Rs.1 lakh during 2017, Rai’s accounts received Rs.79 crores ($13.7 million) while Rs.78.51 crores were debited from it during the same period.

PGurus has reported a series on the frauds of Upendra Rai[1], the benami petitioner of tainted former Finance Minister P Chidambaram.  Rai had issued a legal notice to PGurus for defamation demanding apology and Rs.100 crores. We had given him a fitting reply to his notice[2].

Later he filed a fake complaint against PGurus and Noida Police expunged the First Information Report (FIR), based on his fake complaint[3].

In its FIR, the agency (CBI) has alleged that going by the value of transactions above Rs.1 lakh during 2017, Rai’s accounts received Rs.79 crores ($13.7 million) while Rs.78.51 crores were debited from it during the same period.

“He allegedly purchased a fleet of cars out of the ill-gotten money. It is also learnt that he received Rs.16 crores ($2.6 million) in a year from shell companies, for bribing and fixing cases in Income Tax department. He also received Rs.6.5 crores ($1 million) from Sahara India in one year,” the FIR alleged.

The agency said that two persons, Rahul Sharma and Sanjay Snehi, allegedly assisted Rai to park the ill-gotten money. Upendra Rai along with Sahara’s Subrata Roy faced Contempt charges from Supreme Court in 2011 for meddling into the 2G Scam investigation and offering bribes and threatening investigators.

CBI’s FIR  also alleged that Rai in criminal conspiracy with Prasun Roy of Air One Aviation Pvt Ltd, and others cheated BCAS and the Delhi International Airport (DIAL) and obtained, fraudulently and dishonestly, temporary and permanent Aerodrome Entry Pass (AEP). Rai accessed the sensitive AEP on the basis of false information.  He also got legal rights to access all the airports of the country with highly sensitive, restricted and sanitized areas, thus jeopardizing the national security, the agency said.

CBI officials also pointed out that Rai is carrying a Press Information Bureau (PIB) accreditation card in the category allotted to editors, declaring him a full-time journalist. He also worked with Tehelka Magazine as its editor in 2015. While holding the PIB accreditation card to enter into government offices, Rai simultaneously maintained the AEP (Airport Entry Pass), declaring himself as Director – Quality Control of a private aviation firm known as Air One, they said, adding that the investigations proved that Rai is involved fixing and bribing.

According to the FIR, Rai in connivance with Roy, in order to get the All India AEP, submitted an application falsely showing himself as Director Quality Control of the company. The company sponsored the name of Rai and forwarded the application to BCAS which in turn “as party to criminal conspiracy” issued a permanent AEP in favour of Rai.

The AEP authorized him access to all airports in India, in violation of the laid down Air Operator Certification Guidelines and Civil Aviation Requirements, it alleged. The CBI said Rai was not technically qualified and his name was not approved by the DGCA for the post of Director General Quality Control of Air One.

“The source has further informed us that in his application for issuance of Press Information Bureau card for the year 2018, the journalist had not declared himself as a bonafide employee i. e. consultant or director, Quality Control of Air One,” it alleged. Rai also received Rs 1.02 crore from Air One in four installments, the CBI added.

PGurus hereby congratulate CBI for taking stern action against the racketeer and extortionist Upendra Rai. Hope other agencies like ED, Income Tax, and SFIO will also probe into the huge money laundering of Upendra Rai and his firms’ bank accounts from dubious shell firms.

Note:
1. The conversion rate used in this article is 1 USD = 66.16 Rupees.

References:

[1] Upendra RaiApr 2018, PGurus.com

[2] Chidambaram’s benami petitioner Upendra Rai claims he is honest. We reject his claims and stand by our reportsApr 27, 2018, PGurus.com

[3] Noida Police expunges FIR filed by Chidambaram’s benami petitioner Upendra Rai against PGurusApr 29, 2018, PGurus.com

Team PGurus

10 COMMENTS

  1. If real documents were submitted to BCAS, how does it infer “criminal conspiracy” involving BCAS. BCAS issued pass on the basis of documents furnished by Air One. I don’t think there is any foul play by BCAS here. If CBI keep trying to find faults with government officials, no paperwork will ever move and no passes will ever be issued.

  2. This will be one more sensational drama to be forgotten or diluted later. All these things become a good fodder for media business be it TV or internet portals. Public at large are never going to be benefited by these drama inquiries by agencies. Look at what happened to KC/PC. After the arrest saga, they are back to normal.In due course, it will be forgotten.When the Govt changes, cases will either die or erased from records. People have lost total faith in Govt’s intentions & the judiciary’s ability to nab & punish culprits in such a way that others fear to commit such crimes in future. The way the comedy drama is conducted now, culprits would get emboldened to do more seeing the administration’s ineptness.

  3. Do you know AIRONE is benami of Sahara group and CEO is ex Sahara Airlines. You can link the high volume of money laundered with all these connections.

  4. Kudos to P.Gurus for the wonderful investigative report exposing the rot in the system. Time P Gurus move up in the public domain as either a newspaper or a regular journal on governance, corruption in high places and politics.

  5. Full credit should go to P Gurus for the patient ,consistent and investigative reports on this “fixer”. All this will not be reported in the so called mainstream media. Shree Iyer ,your Dharmic Journalism should continue and become the mainstream media for the Bharath .
    The day of catching the “Crooked Chidu” should be your best day. I am awaiting the same and my prayers for your success.

  6. Satyameva Jayathe!! Truth alone triumphs. I wish even Chidambaram sees the same fate soon and we all hear it soon. Kudos to Pgurus. Journalism depicting true nationalism.

    • Vinay Ji, UPendra Rai has not yet been arrested. He has been booked for various dubious financial transactions.

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