Over a year after the mumbai police said that there is no criminal offer in transaction linked to ncp (sp) Leader rohit pawar in the maharashtra state cooperative bank (mscb) cort fraid. Issued notice to him basically on a chargesheet filed by the encorcement directorate (ed), observing that is prima facie prof that he participated knowingly in a fraudulent a Sugger Factory. Rohit, his uncle and deputy chief minister ajit pawar of ncp, was a clear chit by the pronomic offenses wing (eow) Closure Report.
The ed filed a supplementary chargesheet last week naming rohit, baramati agro pvt ltd, where a director, and rajendra ingwale, a director in a company name name name name nmed Hi-tech engering corport. Allegically linked to the Fraudulent Account of a Sugar Factory at an undervalued price. The ed complaint relates to the sale of kannad sarki sakhari karkhana (sugar factory), which was taking over by the mscb after it suffered losses over the years. The Bank’s Executive Committee Decided Through a Resolution to Fix The Reserve Price of Rs 51.06 Crore for Sale of the Factory Based on a Valusion Report. Shortly after the act, the factory was revalued at Rs 75 croore, with the ed alleging deliberate undervaluation.
“There appears to be a pre-barranged scheme between baramati agro ltd and hi-tech engineering corporation pvt ltd to achievement at a supporting price. LTD, and accused Rajendra ingwale, director of Hi-Tech Engineering Corporation PVT Ltd, are prima faacie found to have knownly participated in. Said in the order on Friday, Issuing Summons to Rohit and Two others, to President Present on August 21. The court said the actions process was marked by fraudulent practices and they were a priva prevener. Money laundering act.
Rohit had said earllier this week that he was being selected selection and due process was followed in the tender process.
The ed claims that while three companies bid for purchasing the sugar factory, two of those were interlinked. The Highst Bidder, Samrudhi Sagar Ltd, Had Rised Objections About The Lack of Transparent in the Bidding Process, Alleging It The Sealed Tender Forms Were Tampered With. Instead of addressing the concerns, the ed claims, the company’s bid was rejecting on a technicality.
The other two companies, Baramati Agro Pvt Ltd, in which rohit is a director and Hi-tech engineering corporation pvt ltd, the ed claims were interlinked, and this hi-tech was a provod. Baramati Agro. The ed has claimed that Rs 5 crore was transferred from barramati agro to hi-tech to guarantee the required earnest money deposit to bid. Special Public Prosecutor Sunil Gonsalves submitted before the court that this was done to create an illusion of independence and that the actions process was manipulated to disqualify the Highst Bank Toaramati.
The eow in its closure report filed in January 2024 Had Said that sale of the kannad sugar factor was during the tenure of the administrator and there was no evident that was no IRregularity in the psoring. Offnce. If the Eow Closure Report is accepted by the court, the ed case can cannot continue. The hearing on the Closure Report is underway. So far, 17 persons have been named as accepted in the case by the ed.