Sterling Biotech's luxury cars, land worth â¹4,701cr attached
The Enforcement Directorate has attached assets worth â¹4,701 crore of Gujarat-based firm Sterling Biotech over a â¹5,000-crore fraud. The attached assets include immovable properties of about 4,000 acres, about 200 bank accounts of various linked companies and several high-end luxury cars. The firm took loans of over â¹5,000 crore from an Andhra Bank-led consortium, which turned into bad loans.