The Mumbai Police has given clean chit to Nationalist Congress Party (NCP) leader and Maharashtra Deputy Chief Minister Ajit Pawar and 69 others in connection with the Maharashtra State Cooperative Bank (MSCB) scam worth ₹25,000 crores. All were accused in the case.
This comes after the Economic Offence Wing (EOW) of Mumbai Police on Thursday submitted a closure report in the case to anti-corruption bureau (ACB) court. The special investigation team (SIT) formed by EOW found no criminal aspect to be probed in the MSCB scam case.
Last year, the Enforcement Directorate (ED) had registered a case of money laundering against NCP chief Sharad Pawar, Ajit Pawar and others including Diliprao Deshmukh, Ishwarlal Jain, Jayant Patil, Shivajirao Nalavade. This came as a huge blow to the NCP ahead of the 2019 Maharashtra assembly polls.
The leaders were accused of illegally allocating loans worth ₹25,000 crores to cooperative sugar factories despite the weak financial position of the MSCB bank. The ED attributed large scale irregularities in the allocation of loans.
The MSCB had allocated loans in a very arbitrary manner which led to a loss of ₹10,000 crores and an inquiry committee was also appointed in this regard. Apart from NCP leaders, Shiv Sena leader Anandrao Adsul was also booked in the case.
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