Adsul before ED in City Co-op Bank case

Former Shiv Sena MP and Chairman of the City Cooperative Bank (CCB) Anandrao Adsul appeared before the ED in connection with a probe in the CCB case, reports India Today.

Anandrao Adsul is allegedly involved in misappropriation of funds and irregularities in disbursement of loans. RBI had imposed restrictions on the city cooperative bank already in 2018.

It bears recall that last month, BJP leader Kirit Somaiya had made allegations against Adsul and called for an investigation by the ED in the PMC bank scam to look into the funds Adsul had received from HDIL which is involved in the PMC bank fraud.

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