Mumbai’s Economic Offences Wing (EOW) has tightened its grip on embattled builder Sanjay Chhabria, filing a fourth FIR against the Radius Group promoter in a fresh ₹52.12 crore fraud case linked to Yes Bank. The new case has added another major chapter to what investigators describe as one of
Month: July 2022
Mumbai’s Economic Offences Wing (EOW) has registered a fourth FIR against builder Sanjay Chhabria, promoter of Radius Group, in connection with an alleged ₹52.12 crore fraud involving Yes Bank. According to police officials, Chhabria’s firm, Sumer Radius Realty Pvt Ltd, allegedly diverted funds from a term loan that was originally sanctioned for the construction of […]
Mumbai’s Economic Offences Wing (EOW) has registered a fourth criminal case against builder Sanjay Chhabria, the promoter of Radius Group, over allegations of cheating Yes Bank of ₹52.12 crore. According to investigators, Chhabria’s firm allegedly diverted funds from a loan meant for a Santacruz real estate project to other linked companies, violating the loan agreement.
