→top: edited out of date tags. coi and NPOV issues have been addressed some time ago. While the article's grammar is hardly stellar, it is no longer a burning issue with this article. Also removed "married" as the entry in the info box as response to "spouse".
>Rodw m (Disambiguating links to Modern school (link changed to Modern School (New Delhi)) using DisamAssist.) |
->Wayne aus (→top: edited out of date tags. coi and NPOV issues have been addressed some time ago. While the article's grammar is hardly stellar, it is no longer a burning issue with this article. Also removed "married" as the entry in the info box as response to "spouse".) |
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{{Use dmy dates|date=October 2019}} | {{Use dmy dates|date=October 2019}} | ||
{{Use Indian English|date=October 2019}} | {{Use Indian English|date=October 2019}} | ||
{{BLP sources|date=August 2011}} | {{BLP sources|date=August 2011}} | ||
{{Infobox person | {{Infobox person | ||
| name = Sanjay Chandra | | name = Sanjay Chandra | ||
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| nationality = [[India]]n | | nationality = [[India]]n | ||
| education = [[Graphic Era University]] | | education = [[Graphic Era University]] | ||
| spouse = | | spouse = | ||
}} | }} | ||
'''Sanjay Chandra''' is the former Managing Director of [[Unitech Group|Unitech Ltd]], India's second largest real estate investment company. He is in jail for a Unitech fraud case of Rs 20,000 crore. He | '''Sanjay Chandra''' is the former Managing Director of [[Unitech Group|Unitech Ltd]], India's second-largest real estate investment company. He is in jail for a Unitech fraud case of Rs 20,000 crore. He was temporarily released in August 2020 for 15 days because his parents were hospitalized due to [[COVID-19]] complications, and also to attend the last rites of his father-in-law.<ref>{{cite news | url=https://economictimes.indiatimes.com/Market-News/QIPs-The-new-mantra-for-realty-sector/articleshow/4962558.cms | title=QIPs: The new mantra for realty sector | date=2 September 2009 | newspaper=The Economic Times | access-date=18 October 2019 }}</ref> He is also on the board of Unitech Wireless.<ref name="SC">{{cite web|last=Chandra|first=Sanjay|title=Chandra, Sanjay|url=http://in.reuters.com/finance/stocks/officerProfile?symbol=UNTE.NS&officerId=750875|archive-url=https://archive.today/20130201084816/http://in.reuters.com/finance/stocks/officerProfile?symbol=UNTE.NS&officerId=750875|url-status=dead|archive-date=1 February 2013|work=Occupation|publisher=Reuters|access-date=27 July 2012}}</ref> | ||
== Early life and education == | == Early life and education == | ||
After | After attending [[Modern School (New Delhi)|Modern School]] in Vasant Vihar, New Delhi, Sanjay studied business management at the [[University of Massachusetts]] and received his MBA in finance from [[Graphic Era University]], Dehradun.<ref name="SC1">{{cite web|last=Chandra|first=Sanjay|title=Education|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=36511860&ticker=UT:IN&previousCapId=879596&previousTitle=UNITECH%20LTD|publisher=Bloomberg Businessweek|access-date=27 July 2012}}</ref> | ||
==Career== | ==Career== | ||
Chandra founded Ikon Clothing Inc. | Chandra founded Ikon Clothing Inc. in 1996 and was President until 2001, when he returned to India. Upon returning, Chandra joined Unitech Ltd. as the Head of Sales and Marketing. In 2004, he was promoted to the position of Director.<ref name="SC1" /> | ||
He gave the keynote address at the - 6th Annual Global Investor Conference, [[Mumbai]], [[India]] in August 2010.<ref>[http://www.motilaloswal.com/Research/ Motilal Oswal] {{webarchive|url=https://web.archive.org/web/20100316073213/http://www.motilaloswal.com/Research/ |date=2010-03-16 }}</ref> | Chandra was the key plenary in the real estate and infrastructure conference ''India GRI'' in 2007 for the Total Real Estate Discussion and appeared on the Expert Panel for India Retail Forum in 2005. He also chaired the India Advisory Board at the Second Annual ICSC Shopping Centre and Retail Conference in Mumbai in 2005 and gave the keynote address at the - 6th Annual Global Investor Conference, [[Mumbai]], [[India]] in August 2010.<ref>[http://www.motilaloswal.com/Research/ Motilal Oswal] {{webarchive|url=https://web.archive.org/web/20100316073213/http://www.motilaloswal.com/Research/ |date=2010-03-16 }}</ref> | ||
Chandra has received the 3rd Construction World Builders Awards from the Architect Leadership Council <ref>[http://greenalc.com/index.html Green Architect Leadership Council]</ref> and placed on the | Chandra has received the 3rd Construction World Builders Awards from the Architect Leadership Council <ref>[http://greenalc.com/index.html Green Architect Leadership Council]</ref> and was placed on the list of Young Global Leaders (YGL) by the [[World Economic Forum]] in [[Geneva]] in 2011. | ||
== Legal proceedings == | == Legal proceedings == | ||
In his capacity as Director of Unitech, Sanjay Chandra | In his capacity as Director of Unitech, Sanjay Chandra was accused as a part of the [[2G spectrum case]]. He is one of the industry leaders convicted of colluding with politicians such as [[A. Raja]], then [[Ministry of Communications and Information Technology (India)|minister for communications & IT]], to lower prices in the 2010 Indian cellular telephone frequency allocation auctions. The [[Supreme Court of India]] ruled that A. Raja "wanted to favor some companies at the cost of the public exchequer" and "virtually gifted away the important national asset."<ref>{{cite news|title=2G verdict: A Raja 'virtually gifted away important national asset', says Supreme Court|url=http://articles.timesofindia.indiatimes.com/2012-02-02/india/31016547_1_2g-raja-swan-telecom|archive-url=https://web.archive.org/web/20131029190207/http://articles.timesofindia.indiatimes.com/2012-02-02/india/31016547_1_2g-raja-swan-telecom|url-status=dead|archive-date=29 October 2013|newspaper=[[The Times of India]]| date=2 February 2012}}</ref> | ||
Chandra was arrested in April 2011<ref name="Business Today">{{cite news|last=Today|first=Business|title='2G scam: Swan, ADAG, Unitech executives arrested, taken to Tihar'|url=http://businesstoday.intoday.in/story/2g-scam-bail-pleas-of-five-executives-dismissed/1/14912.html|access-date=24 July 2013|newspaper=Business Today|date=20 April 2011}}</ref> and released on bail on | Chandra was arrested in April 2011<ref name="Business Today">{{cite news|last=Today|first=Business|title='2G scam: Swan, ADAG, Unitech executives arrested, taken to Tihar'|url=http://businesstoday.intoday.in/story/2g-scam-bail-pleas-of-five-executives-dismissed/1/14912.html|access-date=24 July 2013|newspaper=Business Today|date=20 April 2011}}</ref> and released on bail on November 23rd, 2011.<ref name="The Times of India 2011">{{cite news|last=Times of|first=India|title='2G case: Corporate honchos get bail, Kani's plea comes up today'|url=http://articles.timesofindia.indiatimes.com/2011-11-24/india/30436811_1_tv-md-sharad-kumar-swan-telecom-s-vinod-goenka-surendra-pipara|archive-url=https://archive.today/20130103101225/http://articles.timesofindia.indiatimes.com/2011-11-24/india/30436811_1_tv-md-sharad-kumar-swan-telecom-s-vinod-goenka-surendra-pipara|url-status=dead|archive-date=3 January 2013|access-date=6 August 2013|newspaper=[[The Times of India]]|date=23 November 2011}}</ref> In July 2013, the [[Central Bureau of Investigation|Central Bureau of Investigation (CBI)]] moved the Supreme Court to cancel his bail, alleging that he had attempted to "sabotage the trial."<ref name="The Times of India 2013">{{cite news|last=Times of|first=India|title='Sanjay Chandra stories'|url=http://articles.economictimes.indiatimes.com/keyword/sanjay-chandra|access-date=24 July 2013|newspaper=The Times of India|date=3 July 2013}}</ref> Legal proceedings are ongoing. | ||
There are also several legal proceedings against Unitech by | There are also several legal proceedings against Unitech by customers and the Haryana Government. The Hon'ble Supreme Court has directed monies paid for a delayed project to be refunded to buyers.<ref>http://economictimes.indiatimes.com/news/politics-and-nation/haryana-government-may-take-action-against-unitech-as-panel-points-to-impending-failure/articleshow/56430612.cms</ref><ref>http://www.livemint.com/Companies/Ae934s5L17ozbmXieZOMxM/Supreme-Court-directs-refund-of-Rs2-crore-deposited-by-Unite.html</ref> Sanjay Chandra was arrested concerning a money laundering case by the Economic Offences Wing of the Delhi Police. | ||
Custodial interrogation of former Unitech promoters Sanjay and Ajay Chandra is needed as "volumes of evidence have been found against them," the Enforcement Directorate told the Supreme Court today. It is necessary to bring the Chandra brothers to Delhi and confront them with the evidence, the agency told the court. The top court will hear the matter again on November 23.<ref>{{Cite web|title=Probe Agency Wants Unitech Ex-Owners In Delhi, Says Fresh Evidence Found|url=https://www.ndtv.com/india-news/probe-agency-wants-unitech-ex-owners-in-delhi-says-fresh-evidence-found-2614600|access-date=2021-11-22|website=NDTV.com}}</ref> | |||
== References == | == References == | ||