Unitech diverted Rs 2,345 crore to tax havens and other countries, ED informs court ;-ET

 Synopsis

A Delhi court sent former Unitech group promoter Sanjay Chandra's wife Preeti Chandra to ED's custody till October 9, Ramesh Chandra to October 8, and Rajesh Malik till October 11.

The Enforcement Directorate (ED) on Tuesday informed a local court that its investigation into an alleged diversion of homebuyers' funds by promoters of 

Unitech

 NSE -2.78 % has revealed that ₹2,345 crore of investor funds were diverted to the Cayman Islands, Cyprus, Isle of Man, Mauritius, Jersey, Singapore, the UK, the US the UAE.

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