Enforcement Directorate (ED) investigators immediately started the second spherical of questioning of senior Congress chief Ahmed Patel at his residence in Delhi in reference to the Sandesara brothers financial institution fraud and cash laundering case probe, officers stated.
A 3-member crew of the central company together with few different officers reached Mr Patel’s 23, Mother Teresa Crescent residence within the Lutyens’ zone of central Delhi round 10:30 am.
The crew members have been seen carrying information and sporting masks and gloves as a precautionary measure in view of the coronavirus pandemic.
Agency officers had questioned Ahmed Patel, 70, for the primary time for about eight hours at his residence on June 27 on this case.
He was allowed questioning at his residence by the company after the Congress Rajya Sabha MP from Gujarat refused to go to the ED workplace citing prevailing COVID-19 tips that discourage senior residents from going out.
Officials stated Ahmed Patel’s assertion is being recorded beneath the Prevention of Money Laundering Act (PMLA) in the course of the newest session.
Mr Patel, additionally the Congress get together treasurer, has earlier served because the political secretary to UPA chairperson and Congress president Sonia Gandhi and was thought of one of the crucial highly effective individuals within the Congress.
This cash laundering case pertains to the alleged Rs 14,500 crore financial institution mortgage fraud that’s stated to have been perpetrated by the Vadodara-based pharma agency Sterling Biotech and its fundamental promoters and administrators – Nitin Jayantilal Sandesara, Chetankumar Jayantilal Sandesara and Deepti Sandesara – all of whom are lacking.
Nitin and Chetankumar are brothers.
The company has claimed that “This is a bigger bank scam in volume than the PNB fraud” involving fugitive diamond retailers Nirav Modi and Mehul Choksi.
The whole fraud quantity pegged within the PNB case is about Rs 13,400 crore.
The Sandesaras are additionally dealing with separate probes by the CBI and the Income Tax Department for his or her alleged nexus with some high-profile politicians and fees of corruption and tax evasion, respectively.
At current, they’re said to be primarily based in Albania, from the place India is making an attempt to extradite them.
The ED registered a legal case in reference to the alleged financial institution mortgage fraud on the premise of an FIR and a charge-sheet filed by the CBI.
It is alleged that the corporate took loans of over Rs 5,383 crore from a home consortium led by the Andhra Bank, which had was non-performing property.
Ahmed Patel, whereas talking to reporters on Saturday, had stated he replied to the questions that the “guests” of the federal government posed to him.
“I am surprised that instead of fighting China… coronavirus and unemployment, the government is fighting the opposition,” he had alleged.
The legislation ought to be allowed to take its course and somebody who has not executed any flawed shouldn’t concern, Mr Patel had stated.
He had accused the federal government of “using probe agencies every time it faced a crisis or when there was an election”.
(Except for the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)