Home / News / India /  ED charges Sharad Pawar, nephew Ajit with money laundering

New Delhi: In a huge blow to veteran leader and Nationalist Congress Party (NCP) chief Sharad Pawar, the Enforcement Directorate (ED) on Tuesday registered a case of money laundering against the leader.

The timing is critical what with Maharashtra going to polls in less than a month, the probe agency has levelled charges of money laundering against Pawar and his nephew Ajit Pawar.

A person familiar with the development said that both Sharad Pawar and Ajit Pawar and others were named in connection with the Maharashtra State Cooperative Bank (MSCB) scam case to the tune of 25,000 crore.

The ED has registered a case under the Prevention of Money Laundering Act (PMLA).

The case is based on a Mumbai Police FIR, which had named former chairman of the bank, ex-deputy chief minister of Maharashtra Ajit Pawar and 70 former functionaries of the cooperative bank.

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