A public reflection on a stadium project that became a promise, a fraud, and a 16-year saga of broken trust.
10,000 investors were duped, money was collected, and the stadium remained an empty promise.
Commitments became press statements, timelines evaporated, and a stadium never rose.
Trust was broken at the ledger. Figures were inflated, returns were delayed, and questions were ignored.
Officials offered platitudes while families, investors, and citizens waited for answers.
Complaints continue to pile up, yet no FIRs are registered and no arrests are made, leaving culprits to walk free.
The CM, PMO, CBI, and ED have all been formally notified, yielding only deafening silence and zero intervention.
The Ministry of Corporate Affairs stands paralyzed, failing to investigate blatant fund diversions and bogus accounts.
Hard-earned investments were siphoned off and laundered through a complex maze of illicit shell entities designed to bury the truth.
Assurances to hand the society to its rightful members proved to be another stalling tactic, leaving investors with worthless paper.
Only the Income Tax Department and CBDT are actively filing lawsuits against Om Land Realty Pvt Limited amid institutional paralysis.
Various matters by the IT Department against Om Land Realty Pvt Limited are ongoing in the Gujarat High Court. In one case, the court confirmed that email communication is valid when legal notices were returned undelivered.
The fallout has crossed borders, with the Canadian PMO officially briefed on the exploitation of international investors.
We demand immediate arrests, rigorous prosecution of all directors, and a strict forensic audit to recover every rupee stolen from depositors.
Despite tribunal recommendations, the authority refuses to compel project registration and leaves every RTI appeal unanswered.
Member funds were used to build facilities, but profits are diverted away. These assets and revenues rightfully belong to the investors.
The scheme was launched with a long list of promised amenities that remain largely unfulfilled or not handed over to society even after 16 years.