Burj Khalifa developer Amit Jain detained at Delhi airport

Amit Jain, Group CEO of Dubai-based property developer Emaar Properties, was briefly detained at Delhi’s Indira Gandhi International Airport (IGIA) on Friday night, shortly after landing from Dubai on an Emirates flight.

“A passenger, namely Amit Jain, Indian National, arrived at IGIA on flight no. EK-516 from Dubai is being held at immigration,” a senior Punjab police official told ANI.

The Emaar Group released a statement and said he was later released after a brief questioning at the airport.

“Mr. Amit Jain had a brief interaction with the relevant authorities. Moreover, he is not involved in the day-to-day management and control of the affairs of Emaar India,” an Emaar India spokesperson told ANI.

Emaar, builder of the world’s tallest tower, the Burj Khalifa, is Dubai’s largest listed developer. The Dubai government holds a minority stake in the developer through its sovereign wealth fund

Earlier, Punjab Police issued a LookOut Circular (LOC) against Emaar in a case where the group’s CEO was booked in a registered FIR in November 2019 based on a personal complaint about a delay in delivering the land purchased by the plaintiff. .

“Amit Jain is wanted in FIR no. 200/2019 u/s 420/406/120B IPC at Police Station City Rupnagar (Punjab) empty LOC no. 2022412989 from SP (INV) Rupnagar, Punjab with the text as Detain and hand over to local police and inform,” a senior Punjab official told ANI.

“The Punjab Police had written to the immigration authorities on June 17 regarding the registered FIR against Amt Jain,” sources said.

Emaar Properties or Emaar Developments is an Emirati multinational real estate development company based in the United Arab Emirates. It is a public shareholding company, listed on the Dubai Financial Market, and has a valuation of $15.5 billion as of June 2021.

The company provides property development and management services internationally. With six business segments and 60 active companies, Emaar has a collective presence in 36 markets across the Middle East and North Africa.

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