Ads

Friday, October 26, 2018

Court notice to Sterling promoters in fraud case

ED investigation has revealed that 249 companies were incorporated and controlled by the promoters of the Sterling Biotech group, of which more than 200 companies were found to be shell companies. These were used to siphon off loans obtained from various banks and indulge in money laundering, the ED said.

from Times of India https://ift.tt/2qcSYeI

No comments:

Post a Comment

BJP’s Rajya Sabha strength falls below 100; may rise soon

A month after touching the mark of 100 seats for the first time in Rajya Sabha, BJP’s numerical strength has come down to 95 as five of its ...