Rakesh Asthana

Photo: The Print

CBI Exonerates NCB's Rakesh Asthana In Sterling Biotech Bribery Case

The CBI has acquitted the BSF and NCB chief Rakesh Asthana over his involvement in the Sterling Biotech bribery case. A potential nominee as the next CBI chief, Asthana was inquired for being the suspected recipient of unaccounted money endorsed by Sterling’s fugitive owners - Sandesara Brothers. Claiming that nothing substantiated Asthana's involvement in the bank fraud case, the CBI held that transfers to suspicious RA were' running account… read-more

Tue, 09 Feb 2021 - 07:56 PM / by Ashly Ann Varghese

Tags: CBI, Rakesh Asthana, Sterling biotech, Sandesara Brothers, BSF, NCB

Courtesy: The Hindu

Four Directors of the 'Sterling Biotech' were declared as fugitive economic offenders

Photo: The Hans India

Four Directors of Gujarat’s 'Sterling Biotech' Declared Fugitives After Fleeing Country

Four Directors of the Gujarat pharma 'Sterling Biotech' have been declared as 'fugitive economic offenders' by a Delhi Court, on September 28. The order was passed in an Rs.8,100 crore bank fraud case following an appeal by the Enforcement Directorate (ED). The ED argued that the accused were already issued a non-bailable warrant, but they still fled the country and "are evading the process of law to face criminal prosecution." 

Tue, 29 Sep 2020 - 09:42 AM / by Sneha Ramesh

Tags: fugitive economic offenders, Sterling biotech, Fraud, Delhi Court

Courtesy: The Indian Express