On Friday evening, shortly after arriving from Dubai on an Emirates aircraft, Amit Jain, group CEO of the Dubai-based real estate giant Emaar Properties, was briefly held at Delhi’s Indira Gandhi International Airport (IGIA).
“One passenger namely Amit Jain, Indian National arrived at IGIA by flight no. EK-516 from Dubai is detained at immigration,” a senior Punjab police official told news agency ANI.
Emaar Group said they are aware about the incident. He was later freed following a quick questioning at the airport, according to a statement from The Emaar Group.
“Emaar is aware of reports regarding the Group CEO Amit Jain, over an issue relating to the company’s work in India. The issue has now been resolved and we have no further comments at this time,” Emaar’s spokesperson added, as per reports.
According to the Economic Times, Jain was released when the firm and the complaint came to a resolution. Detention was instituted as a result of a 2019 FIR in which the complainant noted a delay in the delivery of a land he had acquired from the firm.
“Amit Jain is wanted in FIR no. 200/2019 u/s 420/406/120B IPC at Police station City Rupnagar (Punjab) vide LOC no. 2022412989 originated by SP (INV) Rupnagar, Punjab with text as Detain and handover to local police and inform,” a senior Punjab official told ANI.
“Punjab police had written to the immigration authority on June 13 in relation to the FIR registered there. When Jain arrived today, he was detained, and Punjab police was informed,” an airport official told ET.
Located in the United Arab Emirates, Emaar Properties or Emaar Developments is a global Emirati real estate development corporation. It has a valuation of USD15.5 billion as of June 2021 and is a publicly traded joint stock company that is listed on the Dubai Financial Market.