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Fun Republic scam: CBI gets prosecution sanction from Admn, chargesheet soon

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  • The team of MC officials submitted its report in February 2007 and evaluated the violations to above Rs 6 crore including a penalty of Rs 4.5 crore and Rs 1.5 crore as conversion charges. The CBI raided the office of the building branch, UT Estate Office, in February, 2007; the office of the businessman and the residences of certain officials of the UT Estate Office, from where large number of ‘incriminating’ documents were seized.

    The documents indicated that though the multiplex had not received a completion certificate from the UT Estate Office, it went on screening movies. While the completion certificate was issued in 2006, Fun Republic had been in place since 2004.

    The documents also allegedly revealed numerous violations, irregularities into the affairs of the multiplex and the way sanctions were obtained from the UT Estate Office.

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    Certain glaring violations pointed out by the MC team included the bar-cum-restaurant, Athena, which was constructed in office space; the height of the building beyond permissible norms; and the setting up of food courts in the area meant for the public. Most of these violations have now been removed by Fun Republic.

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