This Article is From Feb 10, 2011

2G scam: Unitech statement denying raids at office

New Delhi: Statement to be attributed to Mr Sanjay Chandra, MD, Unitech Ltd on alleged raids at the company office:

With respect to the rumours circulating since yesterday, this is to state on record that there have been NO RAIDS BY ANY INVESTIGATING AGENCIES AT ANY OF THE UNITECH OFFICES. These are misleading and erroneous rumours being circulated by vested interests with malafide intentions which the regulator should probe. This has been followed by bear hammering of our stock to create panic. We urge you not to heed to such rumours.

For any clarification please contact: Tanuja Kehar - Head of Corporate Communications; Unitech Limited @ +91 9911201752 and Sunaina Jairath & Amit Mukherjee of Accord PR @ +919811645243 and +919871042118

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