Home»Chandigarh» In Pics: Punjab Was The Catalyst Behind The Rise Of Ponty Chadha
In Pics: Punjab was the catalyst behind the rise of Ponty Chadha
Nov 20, 2012, 01:12 AM IST
Deceased liquor baron, Ponty Chadha had a strong Punjab connection. If rumors are to be believed, Chadha was brought to Punjab by a ruling party minister in 1997. At that time, Prakash Singh Badal had just come to power.
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After coming to Punjab, Chaddha concentrated on manufacturing liquor rather than just selling it. He began to buy suger mills basically for producing alcohal.
Chaddha bought a mill in Hoshiarpur and soon launched Chaddha sugar industry in the state.
In 2002, Captain Amrinder Singh came to power and Chaddha developed cordial relations with him as well.
On 8 March 2004, Sukhbir Singh Bdal demanded a CBI probe of the liquor auctions at Ludhiyana. He accused that the government has benifitted Chaddha by a staggering 400 crore rupees.
After Kulwant Singh Chaddha, father of Ponty Chaddha passed away, there were visible cracks in the family over the property.