Six folks had been arrested by the Financial Offences Wing of the Delhi Police in three circumstances involving dishonest of homebuyers beneath the garb of Land Pooling Coverage of DDA, the police stated on Wednesday.
The arrested accused embody 5 workplace bearers of societies and one property supplier.
The accused have been recognized as Bharat Khanna (56), the president of Rudra Welfare Society, and Paras Aggarwal (23), who’s the final secretary of the identical society. Property supplier Mukesh Kumar Singh (43) from the Eminent Officers Welfare Society. From Aerocity Dwarka, Pawan Sahay (47), Chairman, and 31-year-old Raghu Nandan Chona and Mohd Salauddin (33). The arrests had been made on Tuesday.
The police stated, “Two accused within the case of Rudra Welfare Society, three in Aerocity Dwarka and one in Eminent Officers Welfare Society- have been arrested.”
An quantity of roughly Rs 40 crores was collected in these circumstances from 350 traders within the identify of offering housing beneath Land Pooling Coverage of DDA in Dwarka, the police stated.
Land Facilitation Companies had been included and direct offers of land with farmers had been averted to siphon off the funds. There was no authority with any of the three societies to develop the proposed initiatives.
In keeping with the police, the DDA coverage with regard to land pooling continues to be underway and is but to be finalised. It has not issued any licence to anyone up to now with regard to this coverage.