Goa Chronicle reports ED has raided several premises in and around Pune in connection with a money laundering case of Shivajirao Bhosale Co-operative Bank.
The ED’s action has followed registration of a case under Prevention of Money Laundering Act, 2002 (PMLA) on FIR of Shivaji Nagar Police Station against Anil Shivajirao Bhosale, Suryaji Pandurang Jadhav, the Director of Shivajirao Bhosale Coop Bank, and CEO of the said bank Tanaji Dattu Padwal and others.
Sources say the accused have been charged with committing offence of siphoning off several crores of rupees from the bank. Earlier, the investigation had found the bank not to be complying with the Internal Audit.