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The Times of India
The Times of India
National
Vijay V Singh | TNN

Maharashtra: ED attaches Rs 78 crore assets of mill controlled by Jalna Shiv Sena ex-minister Arjun Khotkar

ED Shiv Sena Jalna Enforcement Directorate Mumbai

MUMBAI: The Enforcement Directorate (ED) attached assets worth Rs 78.4 crore, including an over-200-acre land parcel of the sugar mill Jalna Sahakari Sakhar Karkhana Ltd controlled by former Shiv Sena minister Arjun Khotkar in Jalna district, in the Maharashtra State Cooperative Bank (MSCB) money laundering case.

The sugar mill had defaulted on payment of loan taken from the MSCB, after which it was sold at half the price to relatives and associates of a former office-bearer of the mill without following due process under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.

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