A day after the Chandigarh unit of Congress released CCTV footage of James Plaza Hotel being ransacked by some BJP members, the owner of the hotel Saturday demanded inquiry into the incident by a siting judge.
The hotel owes over Rs 103 crore to three banks — Rs 33.49 crore to PNB, Rs 11.61 crore to United Bank of India (UBI) and Rs 58.02 crore to Asset
Reconstruction Company Ltd (ARCIL) — and its possession was recently taken over by the consortium on August 26, following an order passed by UT district magistrate Ajit Balaji Joshi.
Owner of the hotel, HS Arora, held a press conference on Saturday and alleged that the BJP along with Chandigarh Administration helped the banks take over the possession of the hotel.
Arora alleged that they have CCTV footage in which the BJP members are seen taking away eatables and vandalising the hotel property.
Interacting with media persons, Arora also alleged that the staff and guests were manhandled by bank officials and their hired goons.
“The team accompanying bank officials vandalised the hotel and blocked the main server of the hotel,” alleged Arora, who is non-resident Indian (NRI). Arora stated that the treatment meted to him has inflected fear in NRI community.
“They think twice before coming back and investing in India,” said Arora.
He sought justification from the Chandigarh administration for hurriedly taking possession of the hotel.
THE Debt Recovery Tribunal (DRT-I), Chandigarh, on August 30 had dismissed an application moved by the hotel, challenging the district magistrate’s August 3 orders for handing over its possession to a consortium of banks, including the Punjab National Bank.
However, the DRT-I took serious note of the “undue haste” shown by the banks to take over possession of the hotel without waiting for the outcome of the case in the tribunal.
In its 14-page order, the presiding officer said: “Bank officers may have got a pat from their seniors for their act but have attained shame for such hasty action which is not appreciable to the society for which the bank should take appropriate action against the concerned officers, who are seen in the photographs and higher police officers too as they have no right to touch the secured assets which ultimately remain a part of the inventory.”