Liquor baron late Ponty Chadda’s son arrested while boarding flight for Thailand by EOW

While the Indian government is already tied up to extradite economic offenders Vijaya Mallya, Nirav Modi, Mehul Choksi and Lalit Modi from abroad who’d siphoned off thousands of crores of Indian Tax Payers money and clandestinely took refuge in foreign countries, the son of infamous liquor baron of the country late Ponty Chadda was today disembarked from the plane and arrested by the police officials of the Indian Offences Wing at Palam International Airport, Delhi in connection with an alleged multicrore scam worth several crores of Rupees on the basis of the look our circular issued against him by the EOW of Delhi police.

Just a few days earlier similarly, wanted in one of the economic offences’ cases of the enforcement directorate, the former Chairman of Jet Airways Naresh Goyal and his wife were also dis embarked from a plane heading for Dubai from where they were slated to go to United Kingdom without informing the authorities.

According to the latest news pouring in, son of late liquor baron Ponti Chadda, Manpreet Singh Chadda was arrested today from Palam International Airport by the sleuths of Delhi police’s Economic Offences Wing from where he was likely to fly abroad.

After the arrest he was brought to Mandir Marg Police station in New Delhi for detailed and indepth questioning.

A look out circular was issued against him by the EOW in one of the cases’ of duping several investors of Rs 6 crores which could allegedly go further to 100 crores say the latest news.

According to the news, the Economic Offences Wing had registered a case of economic fraud against some persons earlier.

According to the case history a vast tract of land was allocated by UP government in Ghaziabad for a hi tech city. A South Extention based company owned by Manpreet perhaps, claimed it as their land and started collecting money for sale of land from the prospective customers through advertisements and middlemen employed by the company.

Several prospective buyers who included K. Ramesh and Kaveri as well, applied in this company to buy the land in the year 2005.

They paid a handsome amount in lakhs n crores to this company. But they were not given the possession of the land despite repeated requests from the applicants.

After dillydaying for several years the applicants were told that the company has finally got the allotment in the name of Web City.

The applicants became hopeful and thought that now they will get their land but after repeated requests when they could not succeed and finding themselves to be duped, these customers approached the Delhi police’s Economic Offences Wing and filed the written complaint which was converted in the FIR in 2018 as per the version of the EOW officials say the latest news.

The company had given the applicants 15 months’ deadline for allotment of the land but after not getting the possession, they were constrained to get their FIR registered.

The police said that Manpreet Singh was caught while he was trying to board the plane for Thailand from Palam International Airport.

It may be recalled that Manpreet Singh’s late father an infamous liquor baron was murdered few years ago in a property dispute by his own brother who had hired the prefessional killers in his farm house in Delhi.

They are now undergoing life sentence.