Son Of Sonia Gandhi’s Close Aide Ahmed Patel To Be Questioned By ED In Rs 5,700 Crore Bank Fraud Case

The son of senior Congress leader Ahmed Patel is all set to be questioned by the Enforcement Directorate (ED) in a Rs 5,700 crore bank fraud case involving money laundering accusations against Sterling Biotech, IANS has reported.

Patel’s son Faisal who was issued summons on Wednesday (28 August) would be quizzed over his reported links with the promoters of Sterling Biotech namely Chetan Jayantilal Sandesara and Nitin Jayantilal Sandesara. His statement would be recorded under the money laundering act.

The Sandesara brothers are accused of hatching a criminal conspiracy to cheat banks by bungling their company’s balance sheet to get the banks to sanction higher loans.

An employee of the Sandesara group had claimed that Faisal and Patel’s son-in-law were given code-names by the Sandesara brothers.

“Chetan and Gagan referred to Siddiqui as Irfan Bhai. Irfan's code name was i2 and Faisal was given code name i1”, alleged Yadav. He had added that the Sandesaras used to bear the expenses of Faisal’s parties.