Ponty Chadha Shot Dead

Discussion in 'Politics & Society' started by Singh, Nov 17, 2012.

  1. Singh

    Singh Phat Cat Administrator

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    This is a shocking bit of news. Allegedly Ponty Chadha and his brother and their bodyguards got into a gunfight and they killed each other.

    Ponty Chadha, brother killed in shooting at farmhouse in south Delhi


    NEW DELHI: Liquor baron Ponty Chadha and his brother, Hardeep, were shot dead on Saturday allegedly by each other in a crossfire during a meeting which was held at their farmhouse in Mehrauli in south Delhi to sort their ongoing property dispute.

    The incident was reported around 1pm when gunshots rang at Chadha's sprawling farmhouse. Sources said the meeting began peacefully but soon an argument ensued between them. The argument turned nasty after both brothers whipped out guns and so did their supporters which were with them, said a senior police officer.

    Soon, they opened fire in which bullets hit both brothers in the chest area.

    There were conflicting reports about the firing. Some of the witnesses told cops that Hardeep whipped out a gun after which Ponty's security guards opened fire even as Hardeep fired too. Senior cops however said it was too early to say anything as the statements had to be recorded, verified and cross-checked to ascertain the exact sequence of events.

    As per witnesses, guards tried to intervene but they also suffered injuries in the incident.

    Both the brothers were rushed to the hospital where they were declared dead after initial attempts to revive them failed.

    Police were informed around 1.10pm and soon senior officers rushed to the spot.

    The crime and FSL team rushed to the scene of crime and lifted finger prints and other evidence. Empty cartridges have been recovered and the cops are trying to ascertain the weapons used in the firing.

    Investigation is in progress and a case under appropriate sections is being registered.

    Chadha's business empire constitutes distilleries, multiplexes, sugar and paper mills, real estate, poultry and films. He was producer of the Sunny Deol starrer Jo Bole So Nihaal.

    He is one of the prominent names in liquor business in Uttar Pradesh and was granted the sole distributorship for liquor under the Mayawati regime.


    Ponty Chadha, brother killed in shooting at farmhouse in south Delhi - The Times of India
     
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  3. Singh

    Singh Phat Cat Administrator

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    It is hard to digest Ponty Chadha's brother would do this, because he was supposed to be a very docile and mild mannered man.

    A few days back Ponty Chadha's residence was fired upon as well.

    Ever since Mulayam Yadav came there were rumours that he would not be favoured.
     
  4. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

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    Such an incident occurs every day in Chicago, although Camden, NJ, USA is the murder capital of the world..
     
  5. maomao

    maomao Veteran Hunter of Maleecha Senior Member

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    I feel that he has been removed to take on Liquor Business in Western U.P. It's hard to digest that such affluent people will kill each other like some feuding cheap punjabi rural family!

    Here we see maffia, politician, police, media etc. collusion to remove a wealthy man from his throne!
     
    Last edited: Nov 17, 2012
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  6. maomao

    maomao Veteran Hunter of Maleecha Senior Member

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    The whole news sounds cooked up.....Top level politicians are involved from SP!
     
  7. Singh

    Singh Phat Cat Administrator

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    Who is Ponty Chadha


    NEW DELHI: 55-year-old Ponty Chadha's business interests include liquor, real estate, sugar, poultry, film production and exhibition.

    Gurdeep Singh Chadha alias Ponty Chadha used to sell snacks with his father in front of a country-made liquor shop. The family's fortunes took a turn when his father Kulwant Singh Chadha managed to get a license to run a liquor shop.

    Ponty Chadha was later granted the sole distributorship for liquor under the Mayawati regime in Uttar Pradesh, thus ruling over the liquor business in the state.

    The liquor baron, along with his brothers, managed the Chadha Group, which has been consolidated under the Wave brand. He ran a popular chain of multiplexes - under the Wave brand - in the National Capital Region. The then Samajwadi Party government in UP allegedly gave several concessions to Chadha in the project.

    One of the multiplexes at Noida, is situated in the mall that was raided by Income Tax officials over alleged tax evasion.

    Chadha's companies have been probed by Income Tax authorities several times but he never suffered legal consequences.

    On October 5, gunshots were reported from Ponty Chadha's ancestral house in Uttar Pradesh's Moradabad district, but no one was injured.

    Who is Ponty Chadha - The Times of India
     
  8. Singh

    Singh Phat Cat Administrator

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    Ponty Chadha, how he mixed power, politics and alcohol commerce


    Ponty Chadha, raided this week by tax authorities and who is UP Inc's most colourful and controversial member, is a study in how power, politics and profit work when mixed liberally with alcohol commerce.

    How much space does it take to stack up currency worth Rs 100 crore? Or was it Rs 125 crore? How were I-T officials, who raided businessman Gurdeep Singh Chadha's premises in Noida and elsewhere last week, able to tell the Press with such accuracy the amount of currency they allegedly found, within hours of going in? Or was it all a political manoeuvre ahead of Uttar Pradesh elections?


    Where is Gurdeep aka Ponty Chadha? Dubai or Mumbai? When is his daughter's wedding scheduled to take place? February 8 or 9? Where is it now going to be held? Wait, he has a daughter?

    Evidently, there are more questions surrounding Ponty Chadha than answers. But there is really only one question that needs an answer. How does a man control the alcohol trade in two large states, build up a diversified conglomerate with interests in sugar, paper, power, alcohol, real estate development, entertainment and others with an annual turnover of well over Rs 6,000 crore, all the while keeping a tight leash on what is known about him to the world?

    Inconsistencies in the stories about him are such that in UP, where he is almost a cultural construct, when two people who claim to have observed him for long, talks about him, they could well be talking about two different people. Did his father start a small business in Moradabad in UP, or in Uttarakhand?

    Did Ponty Chadha lose one hand in a car accident, or both? (An ET reporter who has met Chadha is able to confirm that he suffers from disability in both hands as a result of suffering from electric shock while flying kites as a child). Is he close to Mayawati, or Mulayam Singh Yadav, or just anybody in power?

    It is this phantom-like quality -even senior excise and sugar industry officials who deal with Chadha's businesses routinely, say they have never seen him personally - combined with a paucity of information about him, whispers about political connections and a ruthless streak, that places his trajectory among the more interesting growth stories that coincided with Mayawati's chief ministership in UP.

    A quick perusal of filings by Chadha's companies - the Wave Inc group - with the registrar of companies doesn't help shed much light either. He operates through a large number of companies that frequently changes names and merges with one another, making like-to-like comparisons of balance sheets over the years impossible.

    There is also little management discussion of business activities even in the reporting of flagship companies such as Wave Industries, Wave Infratech and Wave Distilleries and Breweries.

    Chadha's family has been in business since the time his father migrated at the time of partition to Moradabad from Pakistan. But Ponty grew it to a scale where it now controls the lion's share of alcohol trade in much of north India. In a rare interview to ET in 2009, Chadha said his Group's revenue from the liquor trade was Rs 4,000 crore and the total was Rs 6,000 crore.

    An informed guess would suggest that the group's turnover is now several thousand crores more. It was just ahead of the 2009 general elections that as a result of a change in UP government policy, the Chadha group became the sole wholesale agent of alcohol in UP, a state with high demand for alcohol of all kinds.

    It's a variation of the model that political scientists call the baptist-bootlegger coalition. The UP government decided to abolish the system of multiple wholesale dealers to control the trafficking of spurious alcohol from neighbouring states. The solution was to have just one seller of alcohol. The company that was picked happened to be Chadha's.

    The alcohol trade is closely connected to power and politics. It's a high-stakes business that requires deft management of your allies, rivals and rules. And Chadha is reputedly the trade's master craftsman.

    The relationship he builds with governments - be it the Amarinder Singh government in Punjab in 2002-07, UP's 2003-07 Mulayam Singh Yadav administration or the former Ramesh Pokhriyal government in Uttarakhand - are leveraged to the group's advantage in other politically sensitive sectors such as land, infrastructure and power.

    The controversy over Chadha's companies being allocated a number of hydro power projects in Uttarakhand was partially responsible for Pokhriyal's eventual ouster as CM.

    Chadha could not be reached and his associates as well as his son Manpreet Chadha did not respond to requests for an interview. In his 2009 interview to ET, he dismissed suggestions that he mixed politics with business. When asked about whispers of his proximity to the Mayawati government, he then said: "We have normal relations. We work in several other states as well and keep normal relations with the government authorities there".

    Wave Infratech denied in a statement that unaccounted money has been found in raids. "There is no income which remains undisclosed to the government authorities," it said in a statement, adding that it had no connections with any political parties or persons.

    UP has a long history of business houses that rise concurrently with political dispensations. The I-T raids on Chadha's companies on the eve of polls in UP will only serve to deepen the perception that the group's stunning rise is tinged with political flavours.

    Ponty Chadha, how he mixed power, politics and alcohol commerce - Economic Times
     
  9. Singh

    Singh Phat Cat Administrator

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    His brother was a timid man. And he had disability in his arms.
     
  10. maomao

    maomao Veteran Hunter of Maleecha Senior Member

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    ....and he shot Ponty with a crooked arm!

    They had so much money to throw away that Ponty could have bought his brother mansions all across the world, stuffed with hearty supply of whores and other luxuries for a lifetime....there was no need to him to kill him........PONTY IS MURDERED, if look carefully his business ownership has been eliminated !
     
    Last edited: Nov 17, 2012
  11. Iamanidiot

    Iamanidiot Elite Member Elite Member

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    Ponty has good relations with behenji right?I think SP onus trying to destroy BSP.Mayawathi in her ego maniacal vanity destroyed nearly half of the cadre she inherited from Kanshi Ram ji .If this keeps up she will not be able to regroup
     
  12. Singh

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    Ponty Chadha's death will also affect

    1. Gurudwara Politics in Delhi. Sarna, the President of Delhi Sikh Gurudwara Committee, and the leader of Congress backed Akali Dal Delhi was quite close to him.
    2. Sikh politics in Punjab, he was quite close to CS Chadha, the chief Khalsa Diwan
    3. UP Politics, he was Mayawati's blue eyed boy. And although he tried to gain favour of SP, rumours was it was a hot-cold relationship.
    4. Punjab politics, he was very close to Capt Amarinder Singh, and was able to gain distributorship of alcohol in Punjab too. And he also was becoming close to Sukhbir Badal. Sukhbir Badal's bro-in-law also manufacturers Spirits.

    Allegations are that bodyguards were bought.
     
  13. Singh

    Singh Phat Cat Administrator

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    Wave properties prices dropped 25% when SP came to power.
     
  14. Singh

    Singh Phat Cat Administrator

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    [​IMG]

    The man with no arms shot, yeah right
     
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  15. Iamanidiot

    Iamanidiot Elite Member Elite Member

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    People deserve the crap they ask fotmr in this case the UP wallahs
     
  16. maomao

    maomao Veteran Hunter of Maleecha Senior Member

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    That means TOI Published uncorroborated news provided by Police or other sources, which means they were told to publish the false news which implies -- they have been payed to spread lies and disinformation. In short TOI and other news sources are hand in glove with the killers!

    Most importantly as men folk of the family have been killed and probably women are left, it will be very easy for Bhiyya type goons from SP to take over his empire ----- Ponty made atleast Noida hospitable with great night life -- now see the how these secular goondas turn Noida into a big lawless Thekka !!
     
  17. Singh

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    Published on Oct 5, 2012 by ibnlive
    Firing was reported from liquor baron Ponty Chadha's residence on Friday morning. The incident took place at around 8:30 am at Chadha's Moradabad bungalow. Reports say firing was heard for almost 15 minutes followed by some screaming sounds.

    The police, however, was tight-lipped on the incident and did not share any initial details. However, there were reportedly at least seven family members inside the house when the firing took place. Ponty Chadha's son Monty Chadha said that he and his father did not live there and his cousins lived in the house.
     
    Last edited by a moderator: May 10, 2015
  18. sayareakd

    sayareakd Moderator Moderator

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    so two people died today, good for India.
     
  19. maomao

    maomao Veteran Hunter of Maleecha Senior Member

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    When you die, I will ask your family the same question.....Funny Shyt Right! :)
     
  20. sayareakd

    sayareakd Moderator Moderator

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    i will inform you when i will die, just make sure you wont go before me.
     
  21. maomao

    maomao Veteran Hunter of Maleecha Senior Member

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    Don't worry i'll be alive to give the good news to your family!
     

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