Supreme Court Declines To Quash Probe In Maharashtra Co-Operative Bank Scam; Accused Ajit Pawar Fails To Get Relief
[ By Bobby Anthony ]The Supreme Court has declined to quash an investigation into the Maharashtra State Co-operative Bank (MSCB) scam and asked the Maharashtra state police to conduct a free and fair probe into the case.The development which has come before the Maharashtra polls is being perceived as a political setback to Nationalist Congress Party (NCP) leader Ajit Pawar. NCP chief...
The Supreme Court has declined to quash an investigation into the Maharashtra State Co-operative Bank (MSCB) scam and asked the Maharashtra state police to conduct a free and fair probe into the case.
The development which has come before the Maharashtra polls is being perceived as a political setback to Nationalist Congress Party (NCP) leader Ajit Pawar.
NCP chief Sharad Pawar’s nephew Ajit Pawar and others are accused of being complicit in causing MSCB’s losses to the tune of Rs 1,000 crore between 2007 and 2011.
The other accused in the case include Peasants and Workers Party (PWP) leader Jayant Patil and bank officials in 34 districts in the state.
Earlier, the Bombay High Court had ordered lodging a First Information Report (FIR) against Ajit Pawar and more than 70 others in the Rs 1,000-crore scam.
Ajit Pawar had moved the Supreme Court challenging the High Court order.
However, a bench, comprising Justices Arun Mishra and M R Shah, declined to entertain the plea seeking to quash the investigation.