Congress: PSUs purchased crude from Sandesara company after he fled
The Congress Monday accused Indian PSUs of getting bought crude oil price over Rs 5,000 crore from an entity related to Nitin Sandesara’s Sterling Biotech even after he and his circle of relatives fled India in 2017 after their industry had come below the scanner of investigative businesses.
The party alleged that from January 1, 2018 to Would possibly 31, 2020, shipments price Rs 5,701.83 crore of crude oil had been gained from SEEPCO Nigeria via Indian oil PSUs. It claimed Sterling Oil Exploration and Power Manufacturing Corporate Ltd. (SEEPCO) is a Sterling Biotech workforce entity.
The party’s declare got here days after The Indian information reported that Sandesara had, after fleeing India, shaped six offshore corporations in 2017-18 to enlarge their oil industry with more than a few nations, together with India.
Attacking the federal government, the Congress sought to grasp why “oil PSUs bask in repeated industry with financial offenders”.
