ED to seek Fugitive Economic Offender tag, red corner for Sandesaras, aides

The name of CBI Special Director Rakesh Asthana, currently embroiled in a tussle with his Director Alok Verma, has also been linked in this case after diary notings with initials 'RA' were seized

The Enforcement Directorate (ED) will move court to initiate action against the two Sandesara brothers and two of their aides -- Dipti, and Hitesh Kumar Patel -- under the Fugitive Economic Offenders Law, according to an Economic Times report. The four are accused in a money laundering case involving Sterling Biotech. A Red Corner Notice with respect to the company's promoters shall also be issued, said the ED.

The Enforcement Directorate on Tuesday filed a chargesheet under the anti-money laundering law against Sandesara brothers and their Gujarat-based pharmaceutical company Sterling Biotech Limited (SBL) in the fraudulent Rs 81-billion loan from domestic