India financial crime fighting agency arrests Jaypee Infratech MD, source says

NEW DELHI (Reuters) -India’s financial crime fighting agency has arrested the managing director of real estate company Jaypee Infratech, Manoj Gaur, for alleged siphoning of home buyers money, a government source told Reuters.

Jaypee Infratech did not immediately respond to a request for comment.

(Reporting by Nikunj Ohri, writing by Tanvi Mehta; Editing by Raju Gopalakrishnan)