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Congress: PSUs bought crude from Sandesara firm after he fled

The Congress Monday accused Indian PSUs of getting bought crude oil value over Rs 5,000 crore from an entity related to Nitin Sandesara’s Sterling Biotech even after he and his household fled India in 2017 after their enterprise had come below the scanner of investigative companies.

The celebration alleged that from January 1, 2018 to Could 31, 2020, shipments value Rs 5,701.83 crore of crude oil have been obtained from SEEPCO Nigeria by Indian oil PSUs. It claimed Sterling Oil Exploration and Power Manufacturing Firm Ltd. (SEEPCO) is a Sterling Biotech group entity.

The celebration’s declare got here days after The Indian The Press Reporter reported that Sandesara had, after fleeing India, shaped six offshore companies in 2017-18 to broaden their oil commerce with numerous international locations, together with India.

Attacking the federal government, the Congress sought to know why “oil PSUs take pleasure in repeated enterprise with financial offenders”.

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