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Ponty Chadha and his brother shot dead at a farmhouse in Delhi

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Saturday, November 17, 2012, 14:49:20 (IST)
 
NEWS FLASH

Controversial liquor and real estate baron Ponty Chadha and his brother Hardeep have been shot dead at their farmhouse in Delhi.

55-year-old Ponty Chadha singularly ruled over the liquor business in Uttar Pradesh - he was granted the sole distributorship for liquor under the Mayawati regime. He allegedly bought liquor at low prices and subsequently sold them at exorbitant rates.

Pegged at $1.5 billion, his corporate assets - including liquor - also spanned across real estate, sugar, film production and exhibition.
 

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