Taking major action in the Punjab and Maharashtra Co-operative Bank scam case on Friday, the Enforcement Directorate (ED) has attached assets worth Rs 72 crore to Praveen Raut. This action has been taken under the money laundering case filed by ED. Apart from this, ED has also shared the complete information about the money received in the account of Varsha Raut, wife of Shiv Sena MP Sanjay Raut.
Actually, this entire case of PMC Bank is related to fraud of 4,355 crores. The Economic Offenses Wing of the Mumbai Police registered a case against Rakesh Kumar Wadhawan, director of Housing Development Infrastructure Ltd, Sarang Wadhawan, Varyam Singh and Joy Thomas, chairman and managing director of PMC Bank. It was alleged that together they had cheated the bank, causing a lot of loss to the bank and the account holders. After this, the Enforcement Directorate started the investigation by registering a case of money laundering.
This is how the money transaction game started
ED’s investigation revealed that HDIL had given Rs 95 crore to Praveen Raut for illegally buying land in Palghar, Maharashtra without any paperwork. Investigation revealed that Praveen had deposited 1.6 crore out of this in the bank accounts of his wife Madhuri Praveen Raut. Later, Rs 55 lakh was deposited in two installments (Rs 50 lakh on 23 December 2010 and Rs 5 lakh on 15 March 2011) from this account in the account of Varsha Raut, wife of Shiv Sena leader Sanjay Raut.
Investments of Rs. 5,625, loan of Rs. 12 lakhs
It is worth noting that these money were given in the name of interest free loan. Varsha took a flat in Dadar area of Mumbai with these money. When ED investigated it was revealed that Varsha Sanjay Raut and Madhuri Praveen Raut are partners in a company named M / s Avani Construction. Varsha Sanjay Raut also contributed only Rs 5625 to this company and took a loan of Rs 12 lakh, which is still paid in the company’s accounts.
293 crore assets and 60 crore jewelery seized so far
This is the reason that ED had issued summons to Sanjay Raut’s wife Varsha Raut for questioning a few days ago. ED wants to know the account of these money given to Varsha without interest. The ED has so far attached the Wadhawan family and HDIL’s assets worth 293 crore and jewelery worth 63 crore and a charge sheet has also been filed in this entire case.