Enforcement Directorate files supplementary chargesheet in Rs 5,300 crore Sterling Biotech case
The agency has accused the firm of taking loans from a consortium led by Andhra Bank that it later defaulted on.
The Enforcement Directorate on Tuesday filed a supplementary chargesheet in a Delhi court in a money-laundering case involving Gujarat-based firm Sterling Biotech, PTI reported.
An earlier chargesheet filed in July against the director of Sterling Biotech Nitin Sandesara related to the company’s alleged default on the repayment of loans worth Rs 5,383 crore taken from a consortium led by Andhra Bank.
Last month, the Central Bureau of Investigation asked Interpol in Nigeria to verify if Sterling Biotech’s director Rajbhushan Omprakash Dixit had entered the country. The Enforcement Directorate has also written to seven countries asking them to keep a watch on Sandesara’s movements.
On September 27, the Delhi court asked the Enforcement Directorate to file a chargesheet in the case against a man for allegedly sending Rs 25 lakh in cash to senior Congress leader Ahmed Patel’s official residence. The man, identified as Ranjit Malik, was arrested in September. Malik was allegedly a middleman for Delhi-based businessman Gagan Dhawan, who was arrested by the Enforcement Directorate in November 2017 in connection with the case.