HDIL diverted Rs 160 crore from PMC Bank to firm owned by Maharashtra MLA family: ED
ED claims that HDIL allegedly siphoned off Rs 160 crore to many companies belonging to Viva Group on garb of commission
Munish Chandra Pandey | January 22, 2021 | Updated 23:27 IST
HDIL siphoned off Rs 160 crore from PMC Bank
The ongoing investigation by Enforcement Directorate (ED) into PMC Bank scam has revealed that the promoters of Housing Development Infrastructures Limited (HDIL) allegedly siphoned off Rs 160 crore to many companies belonging to Viva Group on garb of commission. The financial probe agency claims that source of these funds from HDIL to Viva Group is the illegal fund diversion from PMC Bank.
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.