Money Laundering Case: Sharad Pawar said – I will go before the ED myself on 27th, I will cooperate fully in the investigation: Money Laundering Case Nationalist Congress Party (NCP) chief Sharad Pawar said on Wednesday that I myself will visit the Enforcement Directorate’s office on September 27 to give complete information about the money laundering case. According to him, I came to know by the media that my name is involved in the ED case. This is the second time in my life that an FIR has been registered in my name. May not live in Mumbai due to elections but I will cooperate fully in ED’s investigation.
Sharad Pawar, Nationalist Congress Party: I will myself go to Enforcement Directorate on 27 September to give all information what I have with me about this case (a money laundering case). pic.twitter.com/w2mFXkaBdJ
— ANI (@ANI) September 25, 2019
The Enforcement Directorate (ED) has registered a criminal case of money laundering against the Nationalist Congress Party chief Sharad Pawar, his nephew and former Deputy Chief Minister Ajit Pawar and others in the Maharashtra Cooperative Bank scam case. ED officials said on Tuesday that the scam is about 25 thousand crores. The Central Investigation Agency has filed an Enforcement Case Information Report (ECIR), considered equivalent to an FIR lodged by the police under the Prevention of Money Laundering Act (PMLA).
Criminal case filed for money laundering
Maharashtra: Nationalist Congress Party (NCP) staged a protest outside Enforcement Directorate (ED), in Mumbai earlier today. NCP Chief Sharad Pawar and his nephew have been named in a money laundering case investigated by the Enforcement Directorate (ED). pic.twitter.com/oU7YiYpB2F
— ANI (@ANI) September 25, 2019
The case was registered on the basis of the FIR of the Mumbai Police, in which the former chairman of the bank, former Deputy Chief Minister of Maharashtra Ajit Pawar and 70 former officials of the cooperative bank are named. He said that on the basis of the FIR lodged by the police, the name of NCP chief Sharad Pawar has been registered in the FIR of the ED. This case has been registered at a time when Maharashtra assembly elections are due in October.
Mumbai police had filed an FIR
It is believed that the accused will soon be sent summons from the agency to record their statement. Those accused in the ED case include Diliprao Deshmukh, Isherlal Jain, Jayant Patil, Shivaji Rao, Anand Rao Adsul, Rajendra Shingane and Madan Patil. An FIR was registered by the Mumbai Police in August this year based on a complaint lodged by the state’s Economic Crime Branch (EOW).
Based on the FIR lodged by the Mumbai Police, the ED has made criminal charges for money laundering. The EOW was asked by the Bombay High Court to register a case. Earlier, Justice SC Dharmadhikari and Justice SK Shinde had said that there was ‘credible evidence’ against the accused in the case.
25 thousand crore loss to government exchequer
According to the FIR lodged by the police, the Maharashtra State Cooperative Bank scam that took place between January 1, 2007 and March 31, 2017, allegedly caused a loss of Rs 25,000 crore to the exchequer.