MSCB: HC’s relief to Junior Pawar

Bombay High Court, through an interim order has stayed an inquiry against former Maharashtra Deputy Chief Minister and the other accused in the Maharashtra State Cooperative Bank Ltd (MSCB) scam, reports Press Trust of India.

Ajit Pawar and 76 others have been accused of being complicit in causing financial losses of over Rs 1,000 crore to MSCB between 2007 and 2011.

The court was hearing a petition filed by one of the accused in the case.

In the plea filed the accused had challenged an extended inquiry into the case and also a recent amendment brought about by the state government that increased the time limit for concluding an inquiry against cooperative societies.

The probe was first ordered in May 2014, but it could not be completed within the deadline.

 

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