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In June 2019, the ED attached overseas assets worth ₹9,778 crore, which included four Nigeria-based oil rigs and an oil field, several ships registered in Panama, an aircraft registered in the U.S., and a flat in London.
| Photo Credit: Twitter@dir ed
Despite the Enforcement Directorate’s (ED) request to the Nigerian government to attach the assets of a Sterling Biotech group entity, Sterling Oil Exploration & Energy Production Co. (SEEPCO) Limited, in connection with a money laundering case, the company still seems to be operational. The crude oil produced by the company is said to be finding its way to various countries, including India.