Two scams took place in Maharashtra: The PMC Bank scam where Rs 6,500 crore disappeared and Patra Chawl land scam of Rs 1,034 crore. Both these scams have hurt the common man of Mumbai and Maharashtra; the same ‘Marathi Manus’ that Sanjay Raut of Shiv Sena stands for.
I will try to explain the cases and the linkages of the scams with Sanjay Raut. It’s easy to say that the Enforcement Directorate (ED) is being used by the Centre but it’s important to know the reasons behind the summons.
After reading this, I assure you that the hopelessness and anger against politicians using poor man’s money will come out. I leave this to you if the ED is being used by the Centre for politics by the Centre or its cleaning the system.
PMC Bank Scam September 2019
The fraud at the PMC Bank came to light in September 2019 after the Reserve Bank of India discovered that the bank had allegedly created fictitious accounts to hide over Rs 4,355 crore of loans extended to almost-bankrupt Housing Development and Infrastructure Limited (HDIL).
The ED has filed a money laundering case to probe the alleged loan fraud in the PMC Bank in October 2019 against HDIL, its promoters Rakesh Kumar Wadhawan, his son Sarang Wadhawan, its former chairman Waryam Singh and former managing director Joy Thomas.
The ED and the Economic Offence Wing (EOW) of the Mumbai filed cases against directors.
DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan were booked for flouting the ongoing nationwide…
