Indian Express reports investigations by Mumbai Police have revealed irregularities in the auction and sale of a sugar factory to Baramati Agro Ltd, a company owned by NCP MLA Rohit Pawar, a nephew of Deputy Chief Minister Ajit Pawar.
MSC bank had sanctioned loans to the factory.Both the Economic Offences Wing of Mumbai Police and the Enforcement Directorate have named Ajit Pawar as an accused in cases registered last year, respectively, in connection with loan irregularities in MSC Bank.
MSC Bank refused responding to a list of questions sent by the newspaper.
