Amrapali CMD, directors used homebuyers’ money for wedding, homes, jewellery, cars

Auditors Pawan Kumar Aggarwal and Ravi Bhatia filed their report after a forensic audit of 46 registered companies and numerous shell companies of Amrapali group and bank accounts of the directors. They provided a graphic account of how Rs 3,500 crore of homebuyers’ money was diverted for purposes other than construction.

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