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CBI books Unitech MD for allegedly cheating Canara Bank of ₹198 cr

The Central Bureau of Investigation (CBI) on Sunday booked managing director of Unitech, Sanjay Chandra, along with his father Ramesh and brother Ajay for alleged bank fraud of Rs 198 crore in Canara bank.The CBI also carried out searches at multiple locations at the premises of the Sanjay Chandra.After relief from a Delhi court on medical grounds, Chandra was on Friday released on interim bail from Tihar Jail after 43 months. Unitech is facing multiple probes by several agencies including Delhi Police, CBI and the Enforcement Directorate (ED). Chandra's alleged role had also figured in the 2G Spectrum scam but he was acquitted by the trial court, news agency PTI reported.

News source ~ India Today