The owner of Gujarat based Sterling Biotech Nitin Sandesara, is wanted by the CBI and the ED in a Rs 5,000 crore bank fraud he did and was detained in UAE but now the report says that he is not in UAE and could have fled to Nigeria.
As per the top sources, it is reported that Nitin’s family members i.e. brother Chetan Sandesara and sister-in-law Diptiben Sandesara are trying to hide in Nigeria. The sources added that due to India being not having an extradition treaty or a Mutual Legal Assistance Treaty with Nigeria it is difficult to bring them from African country.
An officier said, “There were reports that Nitin Sandesara was detained by UAE authorities in Dubai in the second week of August. It was incorrect information. He was never detained in Dubai. He and other family members probably left for Nigeria much before that.”
It is not yet known whether Sandesara has travelled to Nigeria on Indian Passport or some other country’s. But the UAE authorities are been requested to “provisionally arrest” Sandesara if they see him there and much efforts are also on to get Interpol red corner notices issued against the Sandesaras.
For cheating bank with 5000 crores, not only Sandesara but Vadodara based Sterling Biotech’s directors Nitin, Chetan and Dipti Sandesara, Rajbhushan Omprakash Dixit, Vilas Joshi, chartered accountant Hemant Hathi, former Andhra Bank director Anup Garg and unidentified persons are booked by CBI & ED for fraud.