Sandesara Brothers

Sterling Biotech Rs 8,100 cr bank fraud: ED claims Sandesara family misused public money to splurge on luxury watches, diamond jewellery, liquor

Sandesara brothers, Nitin, Chetan and his wife Dipti, are suspected to be hiding in Tirana, national capital of Albania

Sterling Biotech bank fraud case: Accused Hitesh Patel detained in Albania; to be extradited to India soon

Early this week, A Delhi court allowed the ED to send extradition requests to Republic of Albania against two directors of a Gujarat pharma firm Sterling Biotech in a Rs 8,100-crore money laundering case.

'Rs 6,000-cr fraud case by Sandesara Group was daylight robbery': Nitin, Chetan Sandesara spun web to funnel illegal funds from India to Nigeria

The Appellate Tribunal, which works under the department of revenue, has termed the Sandesara Group fraud against the public sector banks as 'daylight robbery' seeking stringent action in the case. Sandesara brothers — Nitin and Chetan Sandesara, owners of Sandesara group of companies and now officially designated economic offenders

Sterling Biotech Rs 5,000 cr bank fraud case: Enforcement Directorate attaches assets worth Rs 4,700 cr

Sterling Biotech had taken loans of over Rs 5,000 crore from a consortium of banks led by Andhra Bank which had turned into non-performing assets.