News agency ANI has reported that the Enforcement Directorate (ED) has arrested Raj Singh Gehlot, the owner of Gurugram-based Ambience Mall, in an alleged bank loan fraud case.
An official report stated that the loan fraud case is approximate ₹200 crores. Gehlot will be produced before an ED court in Delhi later today. The mall was built in 2007 and has more than 230 stores. The website also says that Gehlot is a chartered accountant by profession.
The Ambience group is well-diversified and also involved in developing premium offices in Gurugram, Shalimar Bagh and Rohini. The group also owns luxury hotels including The Leela Ambience Hotel & Residences, Gurugram and The Leela Ambience Hotel & Convention Centre, East Delhi. The Ambience group has its in-house construction and development capabilities and is headquartered in Delhi.
Discussion about this post