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Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud - Crime - Nairaland

Nairaland Forum / Nairaland / General / Crime / Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud (34490 Views)

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Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Ilekokonit: 10:34pm On Sep 26, 2018
Sep 25, 2018, 08.18 PM IST
NEW DELHI: The Indian Central Bureau of Investigation (CBI) has asked the Interpol unit of Nigeria to locate the owner of Sterling Biotech, Nitin Sandesara and his family members there.

The development comes a day after TOI exclusively reported that Nitin Sandesara, his brother Chetan Sandesara and sister-in-law Deeptiben Sandesara have moved to Nigeria from UAE.

Highly places sources told TOI that Sandesaras could be hiding at Victoria Island, Lagos from where they run their oil exploration company – Sterling Oil Exploration and Energy Production Company Limited (SEEPCO). Sandesaras reportedly run four oil rigs from the same addresses – Plot Number 205, Abiola Segun Ajayi Street, Victoria Island, Lagos, according to the sources.

Several employees of Sterling companies in Nigeria were abruptly removed from jobs in last few years as investigations began against the group.

TOI tried to contact several former and current employees of companies of Sandesaras but could not reach them. The company’s phone numbers in Nigeria are also non-operational. The company claims that SEEPCO is the only private company with Indian patronage to produce oil from any OPEC country.

Officials hinted that Nitin Sandesara still has a lot of clout in Nigeria as he has four oil production companies there and he could still be making huge money in dollars as investigations against him in India doesn’t affect his businesses abroad, especially Nigeria where there are chances that he can influence the authorities with money.

CBI sources said that if Sandesaras’ are traced in Nigeria, they will consider sending a formal request for their deportation as there is no extradition treaty with Nigeria.

TOI exclusively reported on Monday that Sandesaras are not in Dubai anymore and they have fled to Nigeria.

Earlier reports about his detention in Dubai in August, 2018 were incorrect, according to the officials.

It is not known if the Sandesaras travelled to Nigeria on Indian passports or some other country’s document.

The CBI and the ED have booked Vadodara-based Sterling Biotech, its directors Nitin, Chetan and Dipti Sandesara, Rajbhushan Omprakash Dixit, Vilas Joshi, chartered accountant Hemant Hathi, former Andhra Bank director Anup Garg and unidentified persons for cheating banks of Rs 5,000 crore.

The ED arrested Delhi-based businessman Gagan Dhawan and Garg and attached assets worth Rs 4,700 crore of the pharmaceutical firm in June.

However, officials said bringing the Sandesaras back to India to face criminal trial was important as they had diverted huge amounts of money abroad.

It is alleged that the Sandesaras set up more than 300 shell and benami companies in India and abroad which were used to divert loans. Investigators are trying to find out about their properties and businesses in Africa.

http://timesofindia.indiatimes.com/articleshow/65953600.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst



https://www.youtube.com/watch?v=oXn8V7hqMYA
Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by 93Miles: 10:36pm On Sep 26, 2018
Tell him we have a body called EFCC in Nigeria. We will get at him. Baba is working

15 Likes 1 Share

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Naza25: 10:59pm On Sep 26, 2018
India just use style insult Nigeria just now, which one be we know he has a lot of money he can use to influence the authorities in Nigeria? In other words, Nigerian authorities are corrupt officials that are easily influenced by money

211 Likes 7 Shares

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by hahn(m): 11:37pm On Sep 26, 2018
I need this kind of scam in my life sad

8 Likes

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Ishilove: 7:43am On Sep 27, 2018
Naza25:
India just use style insult Nigeria just now, which one be we know he has a lot of money he can use to influence the authorities in Nigeria? In other words, Nigerian authorities are corrupt officials that are easily influenced by money
Otito koro. Izz very bitter indeed

33 Likes 2 Shares

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by superior1: 7:53am On Sep 27, 2018
93Miles:
Tell him we have a body called EFCC in Nigeria. We will get at him. Baba is working

The same thieving Baba?.


@ OP, Let Indian Govt forget about him, Nigeria is the refugee camp of such high powered thief, he will soon be gifted a chieftancy title (I know some communities that can even make him a king with that kin money he stole) and he might contest/win public election join.

30 Likes 2 Shares

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by itiswellandwell: 7:53am On Sep 27, 2018
Lots of Indian illiterate tout murderers that ought to be in India serving their jail terms in Nigeria, working and living comfortably. Infact, they are bosses to lots of our graduates here. Well paid than them, bosses over them and treats our graduates as thrash. I think it's high time the government see to this.

Cheap s6 edge. Check my signature.

11 Likes 1 Share

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Nobody: 7:54am On Sep 27, 2018
grin

7 Likes 2 Shares

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Avedonn: 7:54am On Sep 27, 2018
He finally made it...
He's welcome to the world headquarters of fraudsters.

Mr. Nitin Sandesara, make yourself at home. You are safe.

Buhari will soon be back from the UN general assembly to officially welcome and induct you in to the Nigerian realms of upper class professional fraudsters because you merit it.

Considering the amount £500,000,000 you succeed in defrauding people, you belong to the legendary upper class level.

28 Likes 4 Shares

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Hennyola(m): 7:54am On Sep 27, 2018
Nigeria accepts everyone - the good, the bad, the ugly, the swindlers, the corrupted, etc. They'll get here and start enslaving Nigerians and even use Nigerian forces as escorts

What a country!

.
.
.
Need mint US used Rose Gold iPhone 7 Plus (32gb) or Mint US used Gold iPhone 8 (64gb) - Retail box & All Accessories Inclusive, check my signature for best offer

7 Likes

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by MANNABBQGRILLS: 7:54am On Sep 27, 2018
neolboy:
Make this man just locate me with 25% of this money and i will hid him for eternity
1% of it is enough to change the lives of your Community!

1 Like 1 Share

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by EnglishUsa: 7:54am On Sep 27, 2018
When abacha hide him own for Swiss we no fine nam until 20 years and swiss Economy was booming, una no want help our economy abi.bross run enter sambisa Forest you and your family, thank my later.50 50 if you know you know.

5 Likes

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Nobody: 7:54am On Sep 27, 2018
India is more corrupt than nigeria. Just that they are intelligently corrupt. But Nigeria is dumbly corrupt with a vegetable presido

25 Likes 4 Shares

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by jessypromise: 7:54am On Sep 27, 2018
Chai
Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by freeze001(f): 7:55am On Sep 27, 2018
Naza25:
India just use style insult Nigeria just now, which one be we know he has a lot of money he can use to influence the authorities in Nigeria? In other words, Nigerian authorities are corrupt officials that are easily influenced by money

Those other words are the right, correct n true words! grin cheesy grin

9 Likes

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by oluwaseyi000(m): 7:55am On Sep 27, 2018
Indian should please temporally forget the money, when our politicians steal and keep our money in Europe and usa they use the money for business and strengthen their economy then later repatriate the money after 2 to 3 decades (if they ever do), but if that Indian escaped to Nigeria without coming here with the money, he should be deposited in kirikiri prison asap otherwise we just borrow the money without interest and we will pay back instalmentaly later

3 Likes

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by neolboy(m): 7:55am On Sep 27, 2018
Make this man just locate me with 25% of this money and i will hid him for eternity
Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by nellybadas: 7:55am On Sep 27, 2018
hahn:
I need this kind of scam in my life sad
Are you normal.

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Lomprico2: 7:56am On Sep 27, 2018
welcome to the land of reckless looting and corruption.

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Gboy101: 7:56am On Sep 27, 2018
...this are the people when need to help our economy. Nigeria should not be foolish enough to extradite this man. UK, Swiss are where they are today from dirty money from corrupt countries. they make their country a safe heaven for this type of money. we need more of this men and also to remove restrictions on bank transactions this are what make economy function.

3 Likes

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Dee60: 7:57am On Sep 27, 2018
If he joins a particular political party he could be given the green cover within 24 hours! And he could have all charges against him dropped!

Naija - your reputation for corruption is now attracting global bigwigs in that industry.

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by MANNABBQGRILLS: 7:57am On Sep 27, 2018
With that money, he can live comfortably in any part of the world!

5 Likes 3 Shares

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by smogup: 7:57am On Sep 27, 2018
[b][/b]
Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Akinz0126(m): 7:57am On Sep 27, 2018
grin

Nigeria again.They always seek refuge down here because they are super rich and protected

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Hector09: 7:57am On Sep 27, 2018
Nigeria is a home of corruption so forget abt him cus knw one we arrest him

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by obaataaokpaewu: 7:57am On Sep 27, 2018
The company that operates in Kwale?

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by dingbang(m): 7:57am On Sep 27, 2018
shocked He should be locked up in kirikiri forever



Please read my signature. thanks

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Nobody: 7:58am On Sep 27, 2018
Naza25:
India just use style insult Nigeria just now, which one be we know he has a lot of money he can use to influence the authorities in Nigeria? In other words, Nigerian authorities are corrupt officials that are easily influenced by money
everyone knows that Nigeria officials are very corrupt

2 Likes

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by smogup: 7:58am On Sep 27, 2018
Ones he joins APC he will be forgiven and he becomes a saint if he starts chanting sai barbar

1 Like

Re: Nitin Sandesara Absconds To Nigeria With Family After £500,000,000 Fraud by Austema(m): 7:59am On Sep 27, 2018
T

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