Explorer

ED Arrests Unitech Promoters Sanjay Chandra And Ajay Chandra For Money Laundering

Chandras were brought from Mumbai jail to Delhi on Monday evening and formally arrested

New Delhi: The Enforcement Directorate (ED) has arrested Unitech promoters — Sanjay Chandra and Ajay Chandra — in a money laundering case.

The arrest followed after the Supreme Court allowed the ED to carry out custodial interrogation of the Chandras on basis of new evidence.

Chandras were brought from Mumbai jail to Delhi on Monday evening and formally arrested. They were shifted to Mumbai jails after the ED told the apex court that the brothers were running an “underground office” from Tihar Jail.

The Delhi Police Commissioner Rakesh Asthana prepared a report which led to filing of corruption case against 37 Tihar Jail officials.

According to reports, the probe agency will be producing them before a special court on Tuesday and seeking further custodial remand.

ED has accused Unitech Group of transferring around Rs 347.5 crores to Carnoustie Group which in turn purchased immovable and movable assets in NCR, across India and abroad. The charge sheet was filed in the first week of December.

The ED has attached assets worth Rs 18.14 crore belonging to two benami entities of erstwhile Unitech Group promoters Ajay Chandra and Sanjay Chandra.

The attached properties include one multiplex in Gurugram, six commercial properties in Gurugram and Lucknow and 24 bank accounts and fixed deposit receipts, the agency said.

These assets are in the name of Enova Facility Management Services Pvt Ltd and FNM property Services Pvt Ltd which are benami entities of Chandras, said the ED.

The ED initiated a money-laundering investigation on the basis of various FIRs filed by homebuyers against Unitech Group and its promoters by Delhi Police and the Central Bureau of Investigation.

“Total proceeds of crime detected by the ED, in this case, is Rs ,638.43 crore,” ED had said.

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

Arvind Kejriwal Arrest: UN Steps In As Case Against Delhi CM Heats Up Ahead Of Lok Sabha Elections
Arvind Kejriwal Arrest: UN Steps In As Case Against Delhi CM Heats Up Ahead Of Lok Sabha Elections
'My Father Was Given Slow Poison': Son Umar On Mukhtar Ansari's Death
'My Father Was Given Slow Poison': Son Umar On Mukhtar Ansari's Death
WATCH | PM Modi Explains To Bill Gates How Researchers Can Collect Data From Masses Without Invading Privacy
WATCH | PM Modi Explains To Bill Gates How Researchers Can Collect Data From Masses Without Invading Privacy
Months After Praful Patel Joins NDA, CBI Closes Probe In UPA-Era Aircraft Leasing Case
Months After Praful Patel Joins NDA, CBI Closes Probe In UPA-Era Aircraft Leasing Case
Advertisement
for smartphones
and tablets

Videos

Panel Of 2 Doctors To Conduct Post-Mortem On Mukhtar Ansari's BodyGangster-Turned-Politician Dies Of Cardiac Arrest In Banda HospitalMukhtar Ansari's Body Taken For Post-Mortem, Magisterial Probe InitiatedMukhtar Ansari's Elder Brother Suspects 'Conspiracy' Behind His Death

Photogallery

Embed widget