PMC bank case: ED attaches properties worth Rs 72 crore of close relative of Maharashtra Minister Sanjay Raut dnaindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dnaindia.com Daily Mail and Mail on Sunday newspapers.
Sanjay Raut s wife Varsha s loan transaction linked with multi-crore PMC Bank scam: ED
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Mumbai: The Enforcement Directorate (ED) investigation has revealed that Shiv Sena leader Sanjay Raut s wife, Varsha, received an interest-free loan of â¹55 lakh from accused Pravin Rautâs wife Madhuri which was used to purchase a flat in Dadar. The agency has alleged that the loan amount was acquired from the funds siphoned off from the multi-crore Punjab and Maharashtra Co-operative (PMC) Bank scam case which has been touted as one of the biggest banking frauds.
The ED has summoned Varsha Raut who is slated to be questioned in the case on January 5. The summons has led to political leaders of the ruling Shiv Sena-led Maha Vikas Aghadi (MVA) and the opposition Bharatiya Janata Party (BJP) taking pot-shots against each other, a few even putting up a banner outside the EDâs Mumbai office in Ballard Estate declaring it the Maharashtra branch of the BJP.
MUMBAI: In a development that may result in further trouble for Shiv Sena leader and MP Sanjay Raut, the Enforcement Directorate (ED) has attached properties of a businessman in a bank scam where the financial trail leads to Raut s wife, Varsha.
The ED on Friday attached properties worth Rs 72 crore of businessman Pravin Raut in the HDIL-PMC Bank money laundering case and said Rs 55 lakh of the tainted money was transferred to Varsha Raut through Pravin Raut s wife Madhuri.
A press release issued by the ED on Friday said, Investigation also revealed that Pravin Raut paid Rs 1.6 crore to his wife Madhuri from the proceeds of crime. Out of the said money, Madhuri Raut transferred Rs 55 lakh (Rs 50 lakh on December 23, 2010 and Rs 5 lakh on March 15, 2011) as interest-free loan to Varsha Raut. The amount was further utilised for purchase of flat in Dadar (East). Investigation further revealed that Varsha and Madhuri are partners in Avani Construction. Varsha Raut has received Rs 12
The ED on Friday said it has attached assets worth Rs 72 crore of a Maharashtra-based man whose wife s alleged transaction with Shiv Sena leader Sanjay Raut s spouse is under its scanner in the over Rs 4,300 crore PMC Bank money laundering case. The central probe agency alleged that the man, Pravin Raut, had siphoned off Rs 95 crore worth of funds from the scam-hit bank in the garb of loan, out of which he paid Rs 1.6 crore to his wife, Madhuri Raut, who subsequently transferred Rs 55 lakh in two tranches to Varsha Raut, wife of Sanjay Raut, as an interest-free loan. The ED recently summoned Varsha Raut for questioning with regard to this transaction and a few other deals leading to a political blame game between Maharashtra and the Centre with various constituents of the Maha Vikas Aghadi (MVA) led state government alleging that the Centre was using federal probe agencies to harass them.