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ED seeks fugitive tag for Sterling promoters in ₹8,100-cr fraud
short by Krishna Veera Vanamali / on Saturday, 27 October, 2018
The Enforcement Directorate has moved a Delhi court to declare Sterling Biotech promoters Nitin Sandesara, Chetan Sandesara, Dipti Sandesara and Hitesh Patel fugitive economic offenders in an ₹8,100-crore bank fraud case. The agency said the accused reportedly fled India to avoid prosecution. While the Sandesaras are reported to be in Nigeria, Patel is said to be in the US.
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