New Delhi: The Enforcement Directorate (ED) has recently filed its supplementary charge sheet in a Delhi court in the over Rs 50 billion money laundering case involving Gujarat-based Sterling Biotech Tech.
The agency has filed the fresh supplementary probe report before Additional Sessions Judge Satish Kumar Arora.
In its earlier charge sheet, ED had accused the company of taking loans of over Rs 50 billion from a consortium led by Andhra Bank which had turned into non-performing assets (NPAs) or bad loans.
Earlier Medical Dialogues has reported that The Enforcement Directorate had attached assets worth Rs 5.4 crore in connection with its probe in an alleged Rs 5,700-crore bank loan fraud case linked to a Gujarat-based pharmaceutical company.
A provisional order for attachment of the assets was issued by the agency under the Prevention of Money Laundering Act (PMLA).