Unitech founder Ramesh Chandra and sons booked in Rs 198 crore bank fraud
Image Credit: Zee news
The CBI filed a case against Unitech founder Ramesh Chandra, his son and MD Sanjay Chandra, and other son Ajay Chandra for allegedly cheating Canara Bank of Rs 198 crore. In a complaint filed in November 2020, the bank claimed that Unitech had availed various credit facilities and had defaulted on multiple payments. In its complaint Canara Bank claimed, Unitech has committed breach of trust.