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ED attaches sports academy of former Maharashtra MLA in bank fraud case

An ED official here said that the agency has attached properties to the tune of Rs 234 crore of MLA Vivekanand Shankar Patil in the form of the Karnala Sports Academy and many land parcels

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This picture has been used for representational purpose

This picture has been used for representational purpose

Five days after it filed a charge sheet against former Maharashtra MLA Vivekanand Shankar Patil and the Karnala Nagari Sahakari Bank Ltd in connection with an Rs 560 crore money-laundering probe, the Enforcement Directorate (ED) on Tuesday said that it has attached properties to the tune of Rs 234 crore of the four-time Peasants and Workers Party lawmaker in connection with the case.

An ED official here said that the agency has attached properties to the tune of Rs 234 crore of Patil in the form of the Karnala Sports Academy and many land parcels. The ED case of money-laundering is based on the FIR lodged by the Economic Offences Wing of Navi Mumbai police last year against 76 persons after the Reserve Bank of India detected the fraud following an audit.

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