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Tuesday, September 28, 2021

MID DAY

ED raids ex-Sena MP Adsul`s home in connection with alleged Rs 900-cr scam

The Enforcement Directorate (ED) on Monday raided the home of former Shiv Sena MP Anandrao Adsul and his son Abhijit Adsul in connection with a complaint of alleged scam worth Rs 900-crore in the City Cooperative Bank Ltd, here.

A former five-time MP from Amravati and Buldhana Lok Sabha seats, Anandrao Adsul is the chairman, while his son Abhijit is a director in the Mumbai-based bank.

Hours after the ED team visited the Sena leader`s home in suburban Kandivli, Anandrao fell ill and was rushed to a nearby hospital.

The ED had summoned the father and son for questioning on Monday following a complaint lodged by independent MLA from Badnera, Ravi Rana, the husband of former actress and independent MP from Amravati, Navnit Kaur-Rana.

Also Read: ‘ED raids on Harsh Mander intimidatory tactics’

In the complaint, Rana has accused the Adsuls of alleged misappropriation of the City Cooperative Bank Ltd.`s depositors` funds to the tune of Rs 900 crore -- a charge stoutly denied by the father-son duo.

Terming the complaint as `motivated and managed` by Rana, the Adsuls claim that when the bank`s annual turnover is Rs 800-crore, how can there be a scam of Rs 900-crore as alleged by the MLA, and demanded a free and impartial probe into the matter.

In the past, the ED had raided the Adsuls` residences and offices and had questioned them in the case.

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