Advertisement
Saturday, Dec 04, 2021
Outlook.com
Outlook.com

ED Attaches Assets Of Actor Dino Morea, Ahmed Patel’s Son-In-Law

The ED said a provisional order was issued in connection with a money laundering case involving Gujarat-based pharmaceutical company Sterling Biotech group.

ED Attaches Assets Of Actor Dino Morea, Ahmed Patel’s Son-In-Law
Dino Morea | File Photo
ED Attaches Assets Of Actor Dino Morea, Ahmed Patel’s Son-In-Law
outlookindia.com
2021-07-02T19:31:36+05:30

 The Enforcement Directorate on Friday attached assets of actors Dino Morea and Sanjay Khan and DJ Aqeel and late Congress leader Ahmed Patel's son-in-law in a money laundering case involving Gujarat-based pharmaceutical company Sterling Biotech group.

The ED said a provisional order was issued under the Prevention of Money Laundering Act (PMLA) to attach the assets of the four people which are worth Rs 8.79 crore.

The value of attachment of assets for Khan is Rs 3 crore, for Dino Morea it is Rs 1.4 crore, for Aqeel Abdulkhalil Bachooali, popularly known as DJ Aqeel, it is Rs 1.98 crore and for Irfan Ahmed Siddiqui, who is Patel’s son-in-law, it is Rs 2.41 crore, the central probe agency said in a statement.

The Enforcement Directorate (ED) said that Nitin Sandesara and Chetan Sandesara, absconding promoters of the Sterling Biotech group, have "diverted" proceeds of crime to the four people.

The promoter brothers Nitin Sandesara, Chetan Sandesara, Chetan's wife Dipti Sandesara and Hitesh Patel have been declared fugitive economic offenders by a special court, it said.

The money-laundering case pertains to the alleged Rs 14,500-crore bank-loan fraud said to have been perpetrated by Sterling Biotech and its main promoters and directors.

(PTI inputs)

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Omicron Severity Is Anticipated To Be Low: Health Ministry

Omicron Severity Is Anticipated To Be Low: Health Ministry

The Ministry of Health and Family Welfare has released the FAQs to educate the general public about the emergence and spread of Omicron. Answers predict that the chance of a third wave seems to be low.

Five Points On How Taliban Wants To Define Marriage For Women

Five Points On How Taliban Wants To Define Marriage For Women

Taliban government's revised version of women’s rights decree largely emphasizes on marriage and re-marriage which predictably is in accordance with the sharia laws.

IND Vs NZ, Live, 2nd Test: Ajaz Patel Strikes Twice Early

IND Vs NZ, Live, 2nd Test: Ajaz Patel Strikes Twice Early

Follow here Day 2 live cricket scores of India vs New Zealand second Test at Mumbai's Wankhede Stadium. India are batting first after Virat Kohli won the toss.

Kashmir: Ghulam Nabi Azad Emerges As Key Player In J&K With Or Without Congress

Kashmir: Ghulam Nabi Azad Emerges As Key Player In J&K With Or Without Congress

Crowds at Congress leader Ghulam Nabi Azad's recent rallies show that he will be a key player in elections in Jammu and Kashmir, when they happen.

Advertisement