PTI
New Delhi: The CBI on Wednesday arrested three Chennai-based businessmen for allegedly running an import racket of spurious drugs from China.
"Two Proprietors and one Managing Partner of Chennai based companies have been arrested at Chennai. The arrested persons are being produced today in the designated court," a CBI spokesperson said in a press release here.
The agency registered cases against K. Ram Lal Jain and K. Parasmal Jain of Kawarlal and Company and K. Kuppusamy, managing partner of International Exim Agency after arresting them. It also booked Bangalore-based Adcock Ingram Limited company.
The spokesperson said, it was alleged that 1,000 kg Tranexamic Acid originally imported by a Chennai-based company and later sold on high sales to another company were spurious.
"1,000 Kg Azithromycin imported by Chennai-based company 100 kg Diphenhydramine Hydrochloride BP imported by Bangalore based company were found spurious as they were not manufactured by the declared manufacturers in China," he said.
The CBI has registered cases after receiving specific complaints from the Assistant Drugs Controller, Central Drug Standard Control Organisation, Health ministry, he said.
Fake drugs getting into the country every year are estimated to be in the range of a whopping Rs 15,000 crore to Rs 17,500 crore.
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