Shiv Sena MP Taken To Hospital Amid ED Questioning

On Monday, the Enforcement Directorate (ED) went to the former Shiv Sena MP Ananadrao Adsul’s home to record his statement in a money laundering case. During the interrogation, Adsul had health issues post which his family members rushed him to a private hospital, mentioned a report by the Times of India.

ED official’s team then went to the hospital to understand if they can take him to their office for further questioning or if he requires hospitalization.

Reports state that the authority is researching a money laundering case where they think that the former MP benefitted from the misappropriation of funds, of City Co-operative bank. The ED had gone through six premises associated with him to the case.

This ED case is stationed on the Mumbai police FIR in regards to the City Co-operative Bank fraud. Since he is the chairman of the said bank, the authority’s investigation bought to light that he attained kickbacks from borrowers for making use of his position to okay loan posts, surging the worth of mortgaged assets, resulting in losses to the bank.

According to the report, Adsul’s relative stated that the authority began the fraud case investigation owing to political pressure to pester them. The MP was a petitioner in the Bombay High Court in the bogus certificate issue of Navnit Kaur Rana, Amravati MP. The latter had won against Adsul in the parliamentary election of 2019 from Amravati by almost 37,000 votes. The Bombay High Court, in June, annulled Rana’s caste certificate. The apex court then stayed the High Court’s judgement that put away her caste certificate.

On the grievance made by Adsul, Mumbai’s N M Joshi Marg police station in June 2020 lodged a fraud case against certain personnel of the City Co-operative bank. Later, the case was sent to the economics offences section of the Mumbai police. Prior to this, the bank’s shareholder stated that Rs 2,535 cr was deceitfully given as loans, however, during the investigation, the authorities found Rs 98cr of deceitful loans. On the basis of the police investigation, the ED lodged the money laundering case, stated that narrative.

Whilst on the investigation, the authority’s saw that Adsul was the end recipient of the misappropriation of the funds. 

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