Unitech Group promoters diverted half of Rs 16,000 crore worth homebuyers' funds for personal use: ED

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Enforcement Directorate filed a chargesheet against Unitech Group. The group and its promoters diverted Rs 7,794 crore. This money came from homebuyers and financial institutions. The funds went into benami companies and personal use. Ramesh Chandra and linked companies are accused. The ED has arraigned 105 individuals and entities. They also attached assets worth Rs 1,621.91 crore.