Further, they allowed NTBCL to have yearly return of 20 per cent on the total project cost, without even independently auditing its account, he alleged.
The petitioner alleged that some IAS officers including Sanat Kaul who had signed key contracts on behalf of Delhi Government, on retirement joined NTBCL in post of directors.
Speaking to I NDIA T ODAY TV, Sanat Kaul said, " On retirement, I was invited to be a director in NTBCL. But I have no personal interests in Noida.
Concession agreement was signed between NOIDA authority, IL & FS and NTBCL and Support Agreement was signed between UP Govt and Delhi Government.
In fact, DND is currently operating far below its peak traffic capacity of 2.20 lakh vehicles a day since the average daily traffic is only around 1.10 lakh vehicles." NTBCL
spokesperson Anwar Abbasi said, " We have requested the L- G to consider our case and we are waiting for the response." The letter was received by the LG's office and forwarded to the PWD of the Delhi government for its response.