Who are Nitin and Chetan Sandesara, accused of $1.6-bn bank fraud?
Billionaire brothers Nitin and Chetan Sandesara fled India in 2017 on Albanian passports after being accused of defrauding Indian banks of around $1.6 billion. As per reports, they currently run the largest independent oil company in Nigeria, which contributes roughly 2.5% of the nation's revenue. They have now reached a $570 million settlement with Supreme Court in the fraud case.