With Enforcement Directorate (ED) officials Sunday continuing their raids at the premises of BJP leader Amar Moolchandani, a former Seva Vikas Bank chairman, in connection with an over Rs 400 crore scam, it has emerged that at least eight groups, including an educational institute, are also under the scanner. The ED is likely to make several arrests in the case, sources said.
On Saturday, ED officials lodged an FIR against Moolchandani and his family members under Section 353 of the Indian Penal Code for obstructing government servants from discharging their duties.
Two of his relatives have been arrested. Moolchandani was admitted to Sassoon hospital after his blood pressure shot up, the police said.
During the raid, Moolchandani allegedly hid in a room in his apartment. The ED has accused him of trying to tamper with the evidence.
“ED officials have filed an FIR against Amar Moolchandani under Section 353 of IPC,” Shankar Awtade, police inspector of Pimpri police station, told indianexpress.com Sunday. “We will take action against him based on the FIR,” Awtade added.
Dabbu Aswani, former deputy mayor of Pimpri-Chinchwad, is one of the complainants in the multi-crore Seva Vikas Bank scam. “I am not alone. There are at least five to six individuals who had filed complaints against Moolchandani, bank directors, and officials in connection with the multi-crore scam. After our complaint, the RBI conducted an audit. In the audit, it was found that over Rs 400 crore…
