New Delhi, March 22 -- Fugitive businessman Hitesh Narender Bhai Patel, an accused in the Rs 8,100 crore alleged bank loan fraud by the Gujarat-based Sterling Biotech group, has been detained in Albania and is expected to be extradited to India soon, the Enforcement Directorate (ED) said on Friday.
Patel, wanted by the ED, was detained by law enforcement officials of Albania in the capital city of Tirana on Wednesday on the basis of a red corner notice (RCN) issued against him by the Interpol on March 11 following requests from the Indian authorities, an ED statement said.
Patel is an accused in a Rs 5,000 crore money laundering case -- as part of the Rs 8,100 crore bank loan fraud allegedly perpetrated by the Sterling Biotech Group -- in...