New Delhi: On Sunday, the Enforcement Directorate summoned the wife of Shiv Sena Sanjay Raut’s deputy, Varsha Raut, for questioning on December 29 in relation to the PMC bank scam.
BJP leader Kirit Somaiya asked Raut on Twitter if he or anyone in his family had had any financial transactions with PMC Bank.
This is the third subpoena issued to Varsha Raut after he skipped the previous two for health reasons, officials said, PTI reported.
The summons for interrogation has been issued under the provisions of the Prevention of Money Laundering Act (PMLA).
The ED wants to question Varsha Raut regarding the “receipt” of some funds that were allegedly diverted from the bank, official sources said.
The DE had filed a PMLA case to investigate alleged loan fraud at the Punjab and Maharashtra Cooperative Bank (PMC) in October last year against Housing Development Infrastructure Ltd (HDIL), its promoters Rakesh Kumar Wadhawan and his son Sarang Wadhawan . its former president Waryam Singh and former managing director Joy Thomas.
The agency learned of an FIR from the Mumbai Police Economic Crimes Wing against him for allegedly causing “wrongful loss, prima facie to the tune of ₹Rs 4,355 crore to PMC Bank, and the corresponding earnings to themselves. “
The Shiv Sena, who is part of the ruling Maharashtra alliance, Maha Vikas Aghadi (MVA), along with the NCP and Congress, had previously alleged that central investigative agencies had unfairly attacked them.
Former BJP leader Eknath Khadse, who recently joined Sharad Pawar’s Nationalist Congress Party (NCP), was also subpoenaed by the ED for questioning on December 30 in Mumbai in connection with a money laundering case linked to a land deal in the Bhosri area of Pune.
In September 2019, the RBI imposed restrictions on the Bank of Punjab and Maharashtra Cooperative (PMC), affected by fraud, including customer withdrawals, following a scam. Depositors had made several protests demanding the return of their money.
Last month, PMC had invited the expression of interest (EoI) of potential investors to invest or participate in the bank’s capital for its reconstruction.
On September 23, 2019, the RBI replaced PMC’s board and subjected it to various regulatory restrictions after detecting certain financial irregularities, hiding and incorrectly reporting loans made to real estate developer HDIL.
His exposure to HDIL was over ₹6.5 billion rupees or 73 percent of your total loan book size of ₹Rs 8,880 crore as of September 19, 2019.
Initially, the RBI had allowed depositors to withdraw ₹1,000 which later rose to ₹1 lakh per account to mitigate your difficulties. In June this year, the RBI had extended regulatory restrictions on the cooperative bank for another six months until December 22, 2020.
As of March 31, 2020, PMC Bank’s total deposits were at ₹Rs 10,727.12 crore and total advances in ₹4,472.78 million rupees. The bank’s gross NPA stood at ₹3,518.89 crore at the end of March.
The capital stock of the bank is ₹292.94 crore. During 2019-20, it recorded a net loss of ₹6,835 crore and has a negative net worth of ₹5,850.61 million rupees.
With PTI inputs
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