MUMBAI: ED conducted searches at various locations in Mumbai, Karjat, Baramati, and Pune in connection with a bank loan fraud case involving Shree Shiv Parvati Sakhar Karkhana Ltd and seized Rs 19.5 lakh, reports VijayV Singh. The locations included the premises of the company, Hitech Engineering Corporation India Pvt Ltd, and the firm’s directors Nandkumar Tasgaonkar, Sanjay Awate, and Rajendra Ingawale.
ED issued a press release on Wednesday stating that Shree Shiv Parvati Sakhar Karkhana Ltd had availed a Rs 100 crore loan from banks.
Earlier, Hitech Engineering and Rajendra Ingawale were investigated by ED in the MSCB scam case connected to the purchase of Kannad Sugar Co-Operative Mill in an auction by Baramati Agro, owned by NCP (SP) MLA Rohit Pawar.
ED issued a press release on Wednesday stating that Shree Shiv Parvati Sakhar Karkhana Ltd had availed a Rs 100 crore loan from banks.
Earlier, Hitech Engineering and Rajendra Ingawale were investigated by ED in the MSCB scam case connected to the purchase of Kannad Sugar Co-Operative Mill in an auction by Baramati Agro, owned by NCP (SP) MLA Rohit Pawar.
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