NEW DELHI: Unitech promoter Sanjay Chandra and his brother
Ajay Chandra were arrested by the economic offences wing of Delhi Police early
Saturday.
Both the promoters of the real estate giant will
be produced before the court at around 2pm today.
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. The
buyers alleged that Unitech had not completed the project on time and also did
not refund their money along with interest.
There are also allegations that Chandra
fraudulently took the money of his clients and used a shell company to launder
it abroad.
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