They pleaded guilty in june to smuggling adulterated pharmaceuticals under the name of a … · the supreme court has agreed to drop all criminal proceedings against fugitive businessmen nitin and chetan sandesara, promoters of sterling biotech ltd and sterling sez & … Now, theyve been arrested and accused of embezzling billions from the companies they formerly controlled. The brothers were in the news for siphoning money (around rs 472 crore) from fortis healthcare, and for their legal tussle with japanese drug major daiichi in recent times. · the sandesara brothers, accused of defrauding indian banks of more than $1. 7 billion (₹14,000 crore), fled the country in 2017 and were declared fugitive economic offenders in 2018 … · billionaire brothers nitin and chetan sandesara, accused of perpetrating one of india’s biggest economic frauds, received a significant reprieve on monday after the supreme court said it … Indian-origin doctor and businessman, the founder and former ceo of the now-defunct sovereign health group, was recently arrested over $149 million medical fraud. · police in india have arrested two businessmen brothers over alleged embezzlement of more than $330m (£265m) from a financial services company. · indian -origin pharma tycoon tonmoy sharma arrested in california. · two brothers from india, avanish kumar jha, 38, and rajnish kumar jha, 35, appeared in federal court on friday to face charges related to selling counterfeit and adulterated drugs in the united … · the men were arrested in singapore in april 2023 and later extradited to the u. s. · the supreme court has directed the quashing of all criminal proceedings against fugitive sandesara brothers in the sterling biotech bank fraud case, provided they deposit ₹5,100 crore as a … · a us-based pharma tycoon, originally from india, has been arrested from the los angeles international airport over a $149-million scam, primarily defrauding health insurers. Sharma was taken into custody by the us authorities. · last week, the cbi raided the bungalow of pci president montu patel in gandhinagar, amid accusations that he and his associates embezzled over rs 5,400 crore by granting approvals for … Indian pharma moguls, the singh brothers, were arrested on charges of embezzlement and fraud by the economic offences wing of the delhi police, reported bbc. The supreme court ordered an end to criminal proceedings against fugitive billionaire brothers nitin and chetan sandesara in an alleged bank fraud involving their erstwhile … · shivinder and malvinder singh were once two of the richest businessmen in india. An indian -origin pharma tycoon tonmoy sharma was arrested at los angeles international airport over an alleged drug fraud.
