New Delhi,Jan 15 (UNI) Enforcement Directorate ED) on Friday said that it has conducted searches on multiple premises in and around Pune in connection with a money laundering case of Shivajirao Bhosale Co-operative Bank.
The probe agency move came after registration of a case under Prevention of Money Laundering Act, 2002 (PMLA) on FIR of Shivaji Nagar Police Station against Anil Shivajirao Bhosale , Suryaji Pandurang Jadhav, the Director of Shivajirao Bhosale Coop Bank, and CEO of said bank Tanaji Dattu Padwal and others.
Officials in the ED said that accused persons including Anil Shivajirao Bhosale have been charged with committing offence of siphoning off money from the bank and during the investigation, . was found that there was cash discrepancy of nearly Rs 71 crores.