pawar: ED can now take possession of mill linked to Ajit Pawar | India News

0
87
MUMBAI: The Adjudicating Authority, appointed under the Prevention of Money Laundering Act or PMLA, on Tuesday confirmed the attachment of Satara’s Jarandeshwar Sahakari Sugar Karkhana (cooperative sugar mill) worth over Rs 65 crore linked to Maharashtra deputy chief minister Ajit Pawar.
The Enforcement Directorate (ED) had attached the sugar mill last year in July, and its confirmation will help the agency to take its possession. “After getting the attachment confirmation order copy, the ED will initiate the process of taking possession of the mill,” said an ED source.
The affected parties in the cases can also file an application before the special PMLA court for restoration of the property. In this case, affected parties are the farmers who were members of the sugar mill and Maharashtra State Co-operative Bank (MSCB), who suffered loss due to the fraudulent sale of the sick sugar…

Source link

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here