Sanjay Raut’s wife received Rs 62 lakh from wife of PMC Bank accused and an entity: ED

Mangalore Today News Network

Mumbai, Jan 01, 2021:     Shiv Sena parliamentarian Sanjay Raut’s wife is being investigated by the Enforcement Directorate (ED) over Rs 62 lakh which she allegedly received from the wife of PMC bank accused Pravin Raut and an entity, officials said.

 

The ED claims that Rs 95 crore was siphoned off by Pravin Raut through illegally availed loans and advances in the name of Housing Development Infrastructures Ltd (HDIL) from PMC Bank.

“There was no document or agreement in support of these payments made to Pravin Raut. Further, as per the ledger of HDIL, the funds were given to Pravin Raut for acquiring land in the Palghar area. The investigation also revealed that Pravin Raut paid an amount of Rs 1.6 crore to his wife Madhuri Pravin Raut from the proceeds of crime,” said the ED.

According to the financial probe agency, out of Rs 1.6 crore, Madhuri Raut transferred Rs 55 lakh as an interest-free loan to Varsha Raut, wife of Shiv Sena leader Sanjay Raut. Rs 50 lakh was transferred on December 23, 2010, and Rs 5 lakh on March 15, 2011.

“The amount was utilised for purchase of a flat in Dadar East, Mumbai. The investigation has revealed that Varsha Sanjay Raut and Madhuri Pravin Raut are partners in M/s Avani Construction. Varsha Sanjay Raut has received Rs 12 lakh from this entity (as overdrawn capital converted to loan) on a contribution of mere Rs 5625. The loan amount of Rs 12 lakh still remains outstanding,” added the ED.

Varsha Raut has been summoned by the ED to appear for questioning on January 5.

The ED on Friday attached properties worth Rs 72 crore linked to Pravin Raut under the Prevention of Money Laundering Act, 2002 (PMLA) in the PMC Bank scam, officials said.

Earlier, several properties of Rakesh Kumar Wadhawan, Wadhawan family trust and others worth Rs 293 crore were attached and jewellery worth Rs 63 crores was seized.

Investigation under the money laundering act was initiated by the ED on the basis of FIR registered by Economic Offences Wing of Mumbai Police against HDIL, Rakesh Kumar Wadhawan, Sarang Wadhawan, Waryam Singh, Joy Thomas (Chairman and Managing Director of PMC bank Ltd) and others for causing loss to the tune of Rs 4355 crore to PMC Bank and corresponding gain to themselves.

Courtesy:India Today