Wednesday, March 16, 2011

No one killed Sadiq Batcha

Sadiq Batcha the key aid of A.Raja and MD of green house promoters found hanging at his residence.

Timeline of Sadiq Batcha
  • MBA graduate hailing from Perambalur (A.Raja's native)
  • Had a modest beginning selling cloths and matress door to door
  • Ventured into real estate as a broker
  • Got contact with rich people and started to buy and sell land himself (He used to book the land by paying token advance and sell it to people in premium and repay the entire amount)
  • At one point in time he faced huge loss and got in trouble, to bail him out he needed a lawyer and that lawyer is A.Raja (At that time he was not into politics)
  • A.Raja got a ticket for election since Perambalur was made as a reserved constituency
  • Sadiq floated Green house promoters along with A.Rajas brothers
  • Green house promoters acquired huge amount of lands around Perambalur for cheap rates just before any major government projects and sold it at premium
  • People started complaining that Green house promoters threaten farmers to sell their land at cheap rates
  • Green house promoters obtained huge stake in a company which in turn became partner with Swan Telecom (Beneficiary of First come first served policy of A.Raja)
  • Sadiq launched a company in Singapore withe initial capital of 3 Lakhs in 2007 and it grew to Rs.600 crore company in 3 years.
  • Sadiq used Hawala network for transferring money from 2G scam into the Singapore based company
  • Sadiq used Dawood aids to help him to transfer the money using Hawala 
  • Under CBI net and already faced an interrogation
  • Booked ticket for Delhi to travel to CBI headquarters to face second round of interrogation
  • Found hanging just before leaving to airport.



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