New Delhi: The Central Bureau of Investigation (CBI) has filed an FIR against former disinvestment secretary Pradip Baijal for allegedly selling off a hotel in Udaipur worth Rs 150 crore for Rs 7 crore.
The case dates back to 2001-2002 when Baijal was the disinvestment secretary during Arun Shourie's tenure as the disinvestment minister. There are allegations that the Ministry undervalued the Lakshmi Vilas Palace Hotel in Udaipur.
Baijal allegedly sold off the Hotel in Udaipur at an undervalued price of Rs 7 crore instead of Rs 150 crore that it was worth of.
Baijal has also been former Telecom Regulatory Authority of India (TRAI) chief and had been raided by the CBI earlier in connection with the 2G case investigations. Baijal is a retired Madhya Pradesh cadre IAS officer.
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