Delhi Police arrests Unitech Managing Director Sanjay Chandra for allegedly duping flat buyers

01 April 2017, 02:49 PM
Delhi Police arrests Unitech MD Sanjay Chandra
Delhi Police arrests Unitech MD Sanjay Chandra

The economic offences wing of Delhi Police on Saturday arrested Unitech promoter Sanjay Chandra and his brother Ajay Chandra in connection with financial irregularities.

Delhi Police has sought 3 day remand of Unitech MD Sanjay Chandra. The Delhi Police had earlier filed an FIR against Chandra on the complaint of home buyers. Chandra is accused of duping buyers who had booked flats in his Greater Noida residential project.

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Sanjay Chandra and his brother Ajay Chandra will be produced in the Patiala House Court of Delhi at around 2pm on Saturday. Delhi court had ordered a 1-day judicial custody for Chandra and other promoters of Unitech in January 2017.

According to police, 91 people invested Rs 35 crores in the project but never got their flats. "The investigation of this case is being monitored by trial court. The investors had also approached the Delhi High Court," said a senior police officer.

Mr Chandra was arrested in 2011 in the 2G spectrum case and spend eight months in the jail before being released on bail in November 2011.

First Published: Saturday, April 01, 2017 10:41 AM
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