The committee is being supervised by a chief executive officer, Amarnath Upadhyay and the introductory report will be prepared and filed likely by 30th of May. The officials of Yamuna Expressway, Noida and Greater Noida have been accused of buying agricultural land at very cheap rates and selling them at high rates for acquiring great profits. The officials had this same agricultural land acquired by YEIDA too.
The committee formed will look into the actions and accusations. Proper legal action will be taken against the officials in case the accusation of corruption is proven to be right.
A five-member committee has also been formed by the CEO of YEIDA to inspect the scam of Sector 9 which alleges 80 acres of land being acquired for the development of a power station on the Yamuna Expressway. It is supposed that the purchasing cost of this land from farmers was Rs.2 lakh per bigha while later, the cost of acquiring by YEIDA was Rs.10 lakh per bigha.
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