Business Standard

Unitech's Chandras in cop net for fraud case

Ajay and Sanjay Chandra arrested for not developing a project in Gurugram

Unitech Q1 sales bookings double to Rs 362 crore
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Karan Choudhury New Delhi
A Delhi court on Saturday sent construction major Unitech’s promoters Sanjay and Chandra and Chandra to police custody till April 3, in an alleged fraud case related to a real estate project in Gurugram.

The Chandra brothers were arrested in the morning by the Economic Offences Wing (EOW) of the Delhi police. The investigating agency appealed to Metropolitan Magistrate Ashu Garg that custodial interrogation of the accused was required to find out the money trail and the beneficiaries of the transactions.

The agency, seeking remand for three days, also said the accused were not cooperating with the investigation.

The counsel

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