A Delhi Court on Saturday sent one of the Directors of a Gujarat-based pharmaceutical firm, Rajbhushan Omprakash Dixit to 11 days Enforcement Directorate (ED) custody, in connection with a Rs. 5000 crore money laundering case.
The Patiala House Court's Metropolitan Magistrate Sumeet Anand sent Dixit to custody after special public prosecutor Nitesh Rana, appearing for the ED, said his custodial interrogation was required.
The ED had sought 14 days custody for the accused.
This is the third arrest in the case.
Earlier this month, the agency had arrested a former Director of Andhra Bank, Anup Prakash Garg, and a Delhi-based businessman Gagan Dhawan in November last year in regards to the same case.
They were named as accused in the cases by the ED and the CBI.
The CBI had booked Sterling Biotech, its directors Chetan Jayantilal Sandesara, DiChetan Sandesara, Rajbhushan Omprakash Dixit, Nitin Jayantilal Sandesara and Vilas Joshi, chartered accountant Hemant Hathi, Garg and some unidentified persons in connection with the alleged bank fraud case.
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