JCT Electronics land deal: High court notice to Punjab, CBI on plea seeking probe by central agency

The high court has sought response from Punjab government and Central Bureau of Investigation (CBI) on a plea seeking probe into the sale of JCT Electronics land in Mohali’s Phase 8.

The plea has been filed by Sandeep Kumar and Randeep Suri, both ex-directors of Punjab Small Industry and Export Corporation (PSIEC), who were removed in July 2021. The 31-acre land (Plot Number 32 in Phase 8, Mohali) was liquidated from JCT Electronics, allotted to it in 1984. It was auctioned last year and the lone bidder got it for ₹90.56 crore. The plea alleges that the bidder firm is selling small plots on the land for ₹465 crore. Last month, Punjab Lokpal had summoned industries minister Sham Sunder Arora and PSIEC director for October in this controversy, taking cognisance of a complaint.