Kinaloor Estate land scam: POA issued on stamp paper worth Rs 300; Govt loses Rs 50 crore
Kozhikode: In order to fragment and sell the 2438-acre land in the Kinaloor Estate, the power of attorney (POA) was issued in a stamp paper worth Rs 300 only. As per the rules, power of attorney should be issued on a stamp paper that is worth five percent of the fair price of the property. The five percent of fair price of the transacted land of Kinaloor Estate amounts to at least Rs 50 crore. Due to the high level conspiracy, the government lost Rs 50 crore.
The amount on the stamp paper was reduced by producing fake documents stating that Cochin Malabar Estates and Industries Limited representative and Kolkata native, Chandraprakash Sharma and Meppadi native P. K. Anvar have blood relation.
The Kinaloor Estate owned by Cochin Malabar Estates and Industries Limited was closed down in 2002. Following protests, a contract was made to grant 1.03-acre land and the shelter houses to the 533 employees of the estate. In 2007, receiver administration was implemented in the estate. There were attempts to fragment and sell the land. When the collector noticed this, the land was declared as ‘micha bhoomi’ (surplus land) in 2009.
The farmers in the estate submitted a petition and the government convened a meeting to discuss their issues. It was decided in the meeting that the estate employees should be granted 1.03 acre each and the rest of the land should be given to the farmers. With this, the Taluk Land Board withdrew the ‘micha bhoomi’ case.
In 2013, company board meeting decided to give a power of attorney to Chandraprakash Sharma to fragment and sell the property. On October 24, 2013, he granted the power attorney in the name of P. K. Anvar and registered at Thamarassery sub registrar office. It was claimed in the power of attorney that they have blood relation.
Complaints arose that the power of attorney was issued without receiving stamp paper of proper value. In an inspection carried out later, it was proven that Chandraprakash Sharma and P. K. Anvar have no blood relation. Registration Inspector General directed Kozhikode district registrar to cancel the power of attorney. In May 2018, Registration IG directed not to allow registration at the registrar offices in Kozhikode district using this power of attorney.
Though the power of attorney was cancelled, the sub registrar office failed to stop land transaction carried out using the same document later. Anvar transacted the land which he owned through the illegal power of attorney. A 25 acres of land from this fragment was handed over three private persons last month. The sub registrar’s action not to stop the illegal land transaction, has led to huge controversies.