Sunday, January 17, 2021
Home News Reports ED attaches properties worth crores belonging to the close relative of Shiv Sena leader...

ED attaches properties worth crores belonging to the close relative of Shiv Sena leader Sanjay Raut in connection with PMC Bank Scam

Pravin Raut is a close relative of Shiv Sena's motormouth leader Sanjay Raut and has been earlier been questioned and arrested by the ED in the same case.

The Enforcement Directorate, probing the multi-crore PMC Bank Scam in which Shiv Sena leader Sanjay Raut’s wife is now embroiled, has attached properties worth Rs 72 crores belonging to one Pravin Raut under PMLA. Pravin Raut is a close relative of Shiv Sena’s motormouth leader Sanjay Raut and has been earlier been questioned and arrested by the ED in the same case.

Wife of Sanjay Raut summoned by ED in connection with PMC Bank Scam

Prior to this, we had reported that Sanjay Raut’s wife was summoned by the agency in connection to the same PMC Bank Scam worth over Rs 4,000 crores. As per reports, Varsha Raut was summoned for over a Rs 50 lakh transaction with the wife of Pravin Raut. It is believed to be the same transaction where she allegedly took a loan to buy a property.

“In the probe, some amount has been transferred from the bank account of Pravin Raut to Varsha Raut. ED wanted to know details of that particular transaction,” a source was quoted as saying by TNIE.

Varsh Raut skips three summons sent to her by ED

It is pertinent to note here that Varsha Raut had on December 29 missed the third summon sent to her by the central agency. Earlier, two summons have been issued to Varsha Raut by ED to appear before the agency on December 11 and December 22 and for both summons, the wife of Sanjay Raut had not shown up.

Reportedly, she has sought extension till the 5th of January from the agency.

What is the PMC Bank scam in which Shiv Sena leader’s wife is now embroiled?

The Punjab and Maharashtra Cooperative (PMC) Bank is one of the largest cooperative banks, which was put under scrutiny by the Reserve Bank for fraud and misreporting of bad loans. Later, the bank had admitted that one large account, HDIL was the main reason for the current crisis.

Following this, the Mumbai Police’s EOW had arrested HDIL directors Sarang Wadhawan and Rakesh Kumar Wadhawan in connection with a fraud of over Rs 4,355 crores. According to the reports, PMC Bank officials gave loans to HDIL between the year 2008 and August 2019 despite the Wadhwans defaulting on previous loans.

Former MD of PMC bank, Joy Thomas aka Junaid Khan was also arrested by a special investigation team (SIT) of the EOW of Mumbai Police on the 4th of October, 2019. He had been absconding until then. The EOW had filed an FIR on September 30 last year against HDIL and PMC Bank officials in the PMC bank fraud case.

Later, it was revealed that Joy Thomas, former MD of Punjab and Maharashtra Cooperative (PMC) Bank had converted to Islam, married his assistant at the bank as per Islamic rituals in 2012, changed his name to Junaid Khan and owned 10 properties in Pune with his second wife allegedly as part of the Rs 4,355 crore scam.

The Enforcement Directorate had registered a case of money laundering and initiated their own investigation into the scam. Senior NCP leader Praful Patel was also accused of having links with the Wadhwans.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

NIA summons pro-Khalistan outfit ‘Khalsa Aid’ in Sikhs For Justice in ‘Referendum-2020’ case, actor-turned ‘farmer’ Deep Sidhu also called

The NIA has summoned include officials of the controversial pro-Khalistan group 'Khalsa Aid' and also actor Deep Sidhu, who has time-and-again openly expressed his support to the Khalistan movement.

Biden to reverse President Trump’s policy on climate change, to end travel ban from Muslim countries

Amidst the threats from Islamic terrorism, in January 2017, President Trump had issued an executive order restricting refugees and travelers with passports from seven Muslim-majority countries.

Parler CEO goes into hiding after a series of death threats

Parler CEO John Matze Jr in the court filing said he and his employees are getting death threats

Watch: Mayank Agarwal wins hearts with a 102-metre six during Brisbane Test

When the team resumed playing post-lunch, Mayank Agarwal decided to dominate the Australian spin attack.

‘Not a single NPA in the three decades of its existence,’ Adani Group rubbishes Subramanian Swamy’s allegations

On Friday, BJP MP Subramanian Swamy had put out allegations on Twitter against Adani accusing him of non-payment of loans worth Rs 4.5 lakhs, which has allegedly turned into an NPA.

US State Department releases fact sheet alleging Covid-19 virus may have originated in Wuhan Institute of Virology, demands a thorough probe

US state department says that Wuhan Institute of Virology was studying the bat virus, and several researches had become sick

Recently Popular

Ravish Kumar apologises for spreading fake news about paddy procurement by govt after letter to NDTV by PIB: Here is what he said

After getting caught for peddling fake news about paddy procurement by govt, controversial NDTV news anchor Ravish Kumar has apologized

All you need to know about Jhanvi Kukreja murder case, the teenage girl who was brutally killed at a New Year party in Mumbai

Reports suggest that the injuries incurred by Jhanvi Kukreja were homicidal and not accidental

What the Nidhi-Harvard story reveals about our world: Get off your high horse, you are not that special, anyway

Liberal journalist, Nidhi Razdan, thought she had received an offer from Harvard University to become an Associate Professor of journalism.

Condom over Shivling: Netizens slam actress Sayoni Ghosh for desecrating Hindu symbol, expose her dubious ‘account hacked’ claim

Saayoni Ghosh claimed that her account was hacked and she didn't posted the image in 2015, but netizens proved she is lying

They’re paying someone in Taloja to torture him till he names Arnab, he’s on death bed: Ex-BARC CEO family speak up, file affidavit

Days after they arrested BARC COO Romil Ramgarhia, they arrested BARC former CEO Partho Dasgupta on the 25th of December 2020.

All you need to know about Navdeep Bains, minister who resigned from Trudeau govt: Corruption, Khalistan, immigration scam and lobbying for China

Navdeep Bains is considered to be one of the aggressive Khalistan sympathizers within the Canada government.

Massive protests erupt in Pakistan-occupied Kashmir against road construction by China to move troops

People in PoK protesting against a 33 km road from Yarkand that China is building to move its artillery and military personnel in the region

Madhya Pradesh: 13-year-old girl kidnapped and passed on from truck to truck, gang-raped multiple times by nine men

After gang-raped on January 4, the minor girl was again kidnapped by a truck driver on 10th & raped by several truckers

Network18 Group terminates CNBC Awaaz anchor Hemant Ghai after SEBI banned him for fraudulent trading

SEBI had banned Hemant Ghai from trading in the capital market, and also from giving any recommendation related to stocks.

NIA summons pro-Khalistan outfit ‘Khalsa Aid’ in Sikhs For Justice in ‘Referendum-2020’ case, actor-turned ‘farmer’ Deep Sidhu also called

The NIA has summoned include officials of the controversial pro-Khalistan group 'Khalsa Aid' and also actor Deep Sidhu, who has time-and-again openly expressed his support to the Khalistan movement.

Biden to reverse President Trump’s policy on climate change, to end travel ban from Muslim countries

Amidst the threats from Islamic terrorism, in January 2017, President Trump had issued an executive order restricting refugees and travelers with passports from seven Muslim-majority countries.

Parler CEO goes into hiding after a series of death threats

Parler CEO John Matze Jr in the court filing said he and his employees are getting death threats

Watch: Mayank Agarwal wins hearts with a 102-metre six during Brisbane Test

When the team resumed playing post-lunch, Mayank Agarwal decided to dominate the Australian spin attack.

‘Not a single NPA in the three decades of its existence,’ Adani Group rubbishes Subramanian Swamy’s allegations

On Friday, BJP MP Subramanian Swamy had put out allegations on Twitter against Adani accusing him of non-payment of loans worth Rs 4.5 lakhs, which has allegedly turned into an NPA.

US State Department releases fact sheet alleging Covid-19 virus may have originated in Wuhan Institute of Virology, demands a thorough probe

US state department says that Wuhan Institute of Virology was studying the bat virus, and several researches had become sick

How luck favoured ‘yorker specialist’ Natarajan and he became a game-changer for the Indian cricket team in Australia

While Indian fans await his splendid performance in the second innings of the Brisbane Test, for T Natarajan, the game has just begun.

Connect with us

245,563FansLike
496,912FollowersFollow
22,800SubscribersSubscribe