More details of huge illegal assets & money laundering of Chidambaram’s benami petitioner Upendra Rai

How is Upendra Rai, a journalist aged 37 able to amass so much wealth?

How is Upendra Rai, a journalist aged 37 able to amass so much wealth?
How is Upendra Rai, a journalist aged 37 able to amass so much wealth?

In the previous article[1], we had detailed about Upendra Rai who is apparently a benami of tainted former Finance Minister P Chidambaram. More skeletons are tumbling out from the cupboard of this corrupt fixer working in the garb of Journalism. Reliable sources have informed PGurus, that Upendra Rai also has two flats in Mumbai, one in Hazratganj in Lucknow, one in Pune and a huge bungalow in his village and a flat in London purchased along with Sandeep Wadhwa of the Sahara group. We have already reported that this notorious fixer is living in a Bungalow worth Rs.30 crores ($4.5 million) in South Delhi (C-24, Greater Kailash – I, New Delhi).

PGurus has learnt that certain senior bureaucrats have assisted Upendra Rai in obtaining the membership of Gymkhana club and we are presently withholding the names of the officers for verifying the same. It is strange that a journalist is able to obtain the membership by payment of Rs.30 lakhs and also gets it done through senior bureaucrats!!

Upendra Rai also owns a flat worth Rs.10 crores ($1.5 million) in Asha Deep Building, Flat No 801, 9, Hailey Road, New Delhi which was brought from Naresh Prasad Sareen and Madhu Sareen for an amount of Rs.6.5 crores ($1 million).

Upendra Rai has an Audi 6 bearing registration number DL 3CCN 6148 worth Rs.70 lakhs ($106,000), Toyota Innova Crysta (DL3CCN 1915) worth Rs.25 lakhs ($38,000), Maruti SX4 (DL9CX 3081) worth Rs.11 lakhs ($17,000) and a Honda Accord (DL3CBA 5300) worth Rs.26 lakhs ($39,000)– all registered in his name. Is It not surprising that a journalist, claiming to be only 37 years old has been able to afford such a lavish lifestyle on a journalist’s salary? Add to this the fact that this journalist travels by chartered aircraft very frequently – PGurus has learnt that it is an Embraer Jet VT-AOL aircraft owned by Air One Aviation.

Upendra Rai had purchased a Maybach car with a registration number of 1608 from Dimpy Motors. The price of this Maybach car is estimated to be around Rs.4 crores ($604,000).

Interestingly, as per our source in the Sahara group, Sahara issued a payment of Rs.6 crores ($1 million) by cheque to Upendra Rai, between January 2017 and January 2018. The cash-starved Sahara Group can’t fulfill its commitments to the Supreme Court and SEBI but can give so much money to a journalist! A thorough investigation can be ordered to find the motive of this sheer money laundering.

In addition, he was also in the payroll of the controversial media house, Tehelka, who were paying him Rs 10.5 lakhs ($16,000) per month from April 2016 to May 2017.  Upendra Rai has also allegedly taken a huge amount of money from the Binani Group and Yadav Singh for settling certain matters with the investigative departments of the Government of India.

Also, Upendra Rai has earned a membership in the posh Delhi Gymkhana club for which he paid Rs.30 lakhs ($45,000). PGurus has learnt that certain senior bureaucrats have assisted Upendra Rai in obtaining the membership of Gymkhana club and we are presently withholding the names of the officers for verifying the same. It is strange that a journalist is able to obtain the membership by payment of Rs.30 lakhs and also gets it done through senior bureaucrats!!

Furthermore, in the Contempt proceedings initiated vide civil appeal Centre for Public Interest Litigation (CPIL) vs Union of India, the Supreme Court recorded that “we are prima facie satisfied that an attempt has been made to interfere with the investigation being conducted by Sh Rajeshwar Singh in what has been described as the 2G scam and related matters by trying to pressurize him not to proceed with the investigation qua certain individuals. Therefore, we take suo motu cognizance and direct issue of notice”

Now it is proved that this advertisement on severance was just a drama to fool the apex court, considering the Rs.6 crores deal with them from Sahara during 2017-2018.

The Supreme Court, in the same order, also recorded that “the documents annexed with this application show that every possible attempt has been made to interfere with the investigation being conducted by Sh Rajeshwar Singh on behalf of the Enforcement Directorate. The filing of the criminal writ petition No 775/2012 (PIL) in the Allahabad High Court and making a similar complaint to the Principal Secretary, Home of which cognizance has been taken by the State Government and directions have been issued to the Additional Director General of Police, Economic Offences Investigation Organization, Lucknow, indicate that attempts are being made to prevent the applicant from investigating fearlessly. All these prima facie amounts to a violation of directions given by this court on 06.05.2011”

The Supreme Court had taken suo motu cognizance and issued notices of civil and criminal contempt against Subrata Roy of Sahara in 2011 and 2013. This case is listed for further hearing against Subrata Roy and others for May 2018 in the Supreme Court.

After the Supreme Court’s order, Sahara Group had published photos of Upendra Rai and his brother claiming that the Group or its owner Subrata Rai has severed ties with these fixer brothers and they were no more with the Group. Now it is proved that this advertisement on severance was just a drama to fool the apex court, considering the Rs.6 crores deal with them from Sahara during 2017-2018.

Now Upendra Rai has rehashed his old rejected complaint against ED’s Investigating Officer, weeks after Supreme Court has ordered a speedy investigation in the Aircel-Maxis scam, where the main culprit is his master P Chidambaram. In the new rehashed frivolous petition, Upendra Rai alleges ED’s non-pliable honest officer Rajeshwar Singh is a most corrupt officer in India and having assets of more than Rs.1200 crore! Wonder why an officer still working in Government and fighting his services cases with Rs.1200 crore assets? Hope the apex court will this time teach the serial offender and benami petitioner of Chidambaram a lesson that he will never forget.

The former Finance Minister is known for his uncouth activities. We have seen how he scripted cases against serving Army officer Col. Purohit and floated Hindu Terror theories to imprison many innocent persons[2].

All this very clearly enunciate the sinister campaign being carried out by a cabal headed by P Chidambaram in order to thwart all attempts being made to investigate the wrong-doings by him during the UPA era. A journalist driving a Maybach car to the Gymkhana club in Delhi, hobnobbing with the policymakers in the corridors of power and later using these contacts to extort money in the name of income tax and CBI, has been having a free ride for quite some time. It must be remembered that in many documents, after losing power from May 2014, Chidambaram has shown his address as a resident of Gymkhana Club Lodge. Even the rent agreement executed with his wife Nalini and son Karti for staying in his building at Jor Bagh area building, the crooked Chidambaram has shown himself as a resident in Gymkhana Lodge[3].  It is high time that the provisions of Black money and Benami prohibition legislations are invoked against Chidambaram and his benami petitioner Upendra Rai and measures are initiated by the CBI under the Prevention of Corruption Act.

References:

[1] Chidambaram files a frivolous petition through benami against the ED officer probing Aircel-Maxis scamApr 21, 2018, PGurus.com

[2] Purohit points finger at Congress presidentAug 26, 2017, PGurus.com

[3] Why is Chidambaram renting from his wife and son at Rs 2 lakh/ month for staying in Delhi? Mar 23, 2017, PGurus.com

Team PGurus

We are a team of focused individuals with expertise in at least one of the following fields viz. Journalism, Technology, Economics, Politics, Sports & Business. We are factual, accurate and unbiased.
Team PGurus

15 COMMENTS

  1. Indian legal system should give a single chance at start of all cases, either to confess in complete truth or face the law to ruin his own life !! Once it is exercised, then if honestly confessed, then some relaxation in punishment i.e. jail term can be reduced, but properties remain confiscated & auctioned.
    Else hell gates should be opened !!
    All such persons should be banned for life to hold any position in the govt or private.

  2. Actually we all needed a worrier, who can fight for justice and serve the Nation by all his deeds. Thanks to Almighty, we hv a brave and an honest officer, (Rajeshwar Singh ) who is not only doing his duty towards the Nation but may hv refused all the golden opportunities which must hv been offered to him and he didn’t pay any heed.

  3. This Upendra Rai’s story is very similar to that of one Ramesh (Romesh) Sharma which came onto public domain almost 2 decade’s back. Point worth considering is such people still prosper & operate with impunity even today, as they know very well that many in the power structure support them through & through .Can we then say for sure that despite PM Modi’s best effort’s india has broken away from the Nehruvian status quo since 2014?

  4. This crook PC must be put in jail. Upendra Rai seems to a money launderer of many including Sahara and go between with uncouth politicians and officers

  5. If the MA-BETA fraud duo and the BAAP-BETA criminal duo are not convicted and jailed in the NH fraud and FIPB scams respectively by this year end, RSS should replace Modi and Jaitley and bring in Swami to face LS-2019 elections

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