Enforcement directorate for eight hours grilled Congress Treasurer Ahmed Patel, on Saturday said that he has replied to all questions asked by the ED, in connection with the Sterling Biotech case. He added that the Centre was busy fighting the Opposition instead of China, poverty, unemployment and Coronavirus.
Further insisting his plea that he did nothing wrong, he said he was ready for further investigations. He will be questioned again on Tuesday by ED team on Tuesday, report sources.
ED to question the Congress leader Ahmed Patel at his Delhi residence probing money laundering to the tune of Rs 14,500 cr Sandesara brothers scam.
ED to record his statement in connection with the alleged multi-crore bank fraud Sterling Biotech by the Gujarat-based Sterling Biotech. ED team of senior financial probe agency officials reached his residence on Saturday morning to record his statement under the Prevention of the Money Laundering Act (PMLA), 2002.
Enforcement Directorate (ED) is interrogating Congress’ Ahmed Patel at his residence willington crescent in Delhi, in connection with Sandesara scam.
ED questions Congress leader Ahmed Patel at his Delhi residence in Rs14500 cr Sandesara brothers scam. The ED suspects that Ahmed Patel was paid kickbacks by Sandesara brothers of Sterling Biotech. Earlier his son Faisal Patel & son-in-law Irfan Siddqui were quizzed by the agency.
ED suspected that Faisal and his brother-in-law Irfan Siddiqui were close to the Sandesara brothers.On July 30 last year, the ED had questioned Patel’s son-in-law and advocate Irfan Siddiqui in connection with the probe.
ED registered a money laundering case against the Sandesara brothers and others in August 2017 after a case of alleged bank fraud of Rs 5,500 crore was filed against them by the Central Bureau of Investigation (CBI).
ED probe revealed that the Sandesara brothers and others hatched a criminal conspiracy to cheat banks by manipulating figures in the balance sheets of their flagship companies and induce banks to sanction higher loans.