Key Points
Mumbai: The Enforcement Directorate (ED) has recently questioned the brother of Jayant Patil, the former Maharashtra minister and Nationalist Congress Partys (Sharad Pawars faction) state president, in connection with a money-laundering investigation involving a private firm.O)..
. Patil on Sunday, while talking to mediapersons, confirmed that the agency had served a notice to his brother..
The agency has taken several individuals and including those with political links, under its scanner in connection with two of its probes: one pertains to alleged irregularities linked to Sanglis Rajarambapu Sahakari Bank Limited, a cooperative bank, while the other is connected to alleged financial irregularities at the debt-hit Infrastructure Leasing and Financial Services (IL&FS), sources said..
In June, the ED had carried out searches at around 16 locations in Sangli, including at the premises of Rajarambapu Sahakari Bank Limited, as part of its probe related to allegedly dubious sales tax refunds procured around 12 years ago by a few private firms which are under the scanner..
The agency has taken certain dubious withdrawals from the bank by the firms and it is verifying claims that a part of the funds was allegedly meant for individuals with political links, sources said..
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