New Delhi: Actor Dino Morea, son-in-law of late Congress leader Ahmed Patel, Properties worth crores of Ahmed Siddiqui, Sanjay Khan, and DJ Aqeel have been seized. According to the Enforcement Directorate (ED), a money-laundering probe, in this case, revealed financial transactions between Sandesaras and Irfan Siddiqui. Also, it includes Dino Morea.
The ED said that preliminary orders for the attachment of properties of four persons have been issued under the Prevention of Money Laundering Act (PMLA). The value of the property is Rs 8.79 crore.
The ED said in a statement that out of this, the attached assets of Khan are worth Rs 3 crore, that of Dino Morea is worth Rs 1.4 crore and that of Aqeel Abdulkhaleel Bachuali, popularly known as DJ Aqeel, is worth Rs 1.98 crore while Patel’s son-in-law Irfan Ahmed Siddiqui has assets worth Rs 2.41 crore.
The accused in this case, Sterling Biotech and its main promoters and directors Nitin Jayantilal Sandesara, Chetankumar Jayantilal Sandesara, Deepti Sandesara, and Hitesh Patel have been declared as fugitive economic offenders by a special court.
Let us tell you that Nitin and Chetan kumar are brothers and had fled India along with others in 2017.
The ED alleges that it is a bigger bank scam than the Rs 13,400 crore Punjab National Bank fraud involving Nirav Modi and Mehul Choksi.
The money laundering case pertains to an alleged bank fraud of Rs 14,500 crore hatched by Sterling Biotech and its main promoters and directors.