Amidst the ongoing war of words between the MVA government and the Centre over the role of central agencies, Enforcement Directorate (ED) attached Jarandeshwar Sahkari Sugar Karkhana (factory) in Maharashtra State Cooperative Bank (MSCB) scam.
The Jarandeshwar Sahkari Sugar Karkhana, located in Chimangaon-Koregaon and worth over Rs 65 crore, was attached under an anti-money laundering law in connection with the alleged Maharashtra State Cooperative Bank (MSCB) scam by the ED on Thursday, which also claimed that a company allegedly linked to Deputy Chief Minister Ajit Pawar and his wife were involved in the matter. These allegations have been denied by Pawar.
What is the MSCB scam?
Accused in the MSCB case are several political leaders cutting across party lines who held positions as directors in district co-operative banks. These banks allegedly gave illegal loans to sugar factories and then sold the latter to their own kith and kin at…