ED files fresh charge sheet in Rs 50-billion Sterling Biotech scam

The Enforcement Directorate (ED) on Tuesday filed its supplementary charge sheet in a Delhi court in the over Rs 50 billion money laundering case involving Gujarat-based Sterling Biotech Tech.

The agency has filed the fresh supplementary probe report before Additional Sessions Judge Satish Kumar Arora.

In its earlier charge sheet, ED had accused the company of taking loans of over Rs 50 billion from a consortium led by Andhra Bank which had turned into non-performing assets (NPAs) or bad loans.