India

ED attaches sugar mill of Sharad Pawar’s grandnephew

The action pertains to the money laundering investigation conducted by the federal agency in the alleged Maharashtra State Co-operative Bank (MSCB) scam.

New Delhi: The Enforcement Directorate on Friday said it has attached assets worth more than Rs 50 crore of a sugar mill owned by a company of Rohit Pawar, the grandnephew of NCP (SP) supremo Sharad Pawar.

The action pertains to the money laundering investigation conducted by the federal agency in the alleged Maharashtra State Co-operative Bank (MSCB) scam.

A total of 161.30 acres of land, plant, machinery and building of the Kannad Sahakari Sakhar Karkhana Limited (Kannad SSK) located in Kannad village of Aurangabad district has been provisionally attached under the Prevention of Money Laundering Act (PMLA), the ED said in a statement.

The Kannad SSK is owned by Baramati Agro Ltd., a company of Rohit Pawar, who is also an MLA of the Sharad Pawar faction of the Nationalist Congress Party (NCP).

The 38-year-old legislator from Karjat-Jamkhed assembly seat of Maharashtra has been questioned by the ED in the past after it searched the premises of Baramati Agro, Kannad SSK and some others in January.

This post was last modified on April 23, 2024 10:35 am

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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