The Enforcement Directorate (ED) on Friday attached properties of late Congress leader Ahmed Patel’s son-in-law, actors Dino Moria and Sanjay Khan, and DJ Aqeel. The development comes in connection with a money laundering case related to bank fraud, news agency PTI reported. The assets of the four people, worth ₹8.79 crore in total, have been seized under the Prevention of Money Laundering Act (PMLA), the ED said.
The ED informed on Friday that the case pertains to a Gujarat-based pharmaceutical company, Sterling Biotech Group, and its absconding promoters — brothers Nitin Sandesara and Chetan Sandesara.
The money laundering case allegedly involves a sum of ₹14,500 crore in bank-loan frauds. According to the ED, the amount is even greater than the fraud committed by fugitive businessman Nirav Modi, who was the chief beneficiary of the ₹11,400 crore Punjab National Bank (PNB) scam.
The ED said that four separate preliminary orders have been issued…