Santanu Saikia is considered a big fish in Delhi circle. He was associated with Indian Express and Financial Express at one point time. His wife Sabina Sehgal Saikia, who was the Consulting Editor of Times of India, was killed at Hotel Taj during the 26/11 Mumbai terror attack. Saikia runs the Energy Consulting Firm, Indiapetro.com and another company too.
In addition, officials from Reliance Industries and Essar Group executive are also being questioned. More arrests are likely in this case. The massive crackdown by Petroleum Ministry led by Dharmendra Pradhan, under the blessings of Narendra Modi, has stunned the corporate world and political circle.