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ED attaches Rs 50 crore assets of sugar mill owned by Sharad Pawar's grandnephew

The action against Kannad Sahakari Sakhar Karkhana Limited (Kannad SSK) sugar mill owned by Sharad Pawar's grandnephew Rohit is part of an ongoing investigation in a money laundering case.

Edited By: Shashwat Bhandari @ShashBhandari New Delhi Updated on: March 08, 2024 17:59 IST
Nationalist Congress Party-Sharadchandra Pawar chief Sharad
Image Source : PTI Nationalist Congress Party-Sharadchandra Pawar chief Sharad Pawar (Representational image)

Maharashtra: The Enforcement Directorate (ED) on Friday attached Rs 50 crore worth assets of a sugar mill owned by a company of Sharad Pawar's grandnephew Rohit Pawar, officials informed.

The action pertains to the money laundering investigation conducted by the federal agency in the alleged Maharashtra State Co-operative Bank (MSCB) scam.

A total of 161.30 acres of land, plant, machinery and building of the Kannad Sahakari Sakhar Karkhana Limited (Kannad SSK) located in Kannad village of Aurangabad district has been provisionally attached under the Prevention of Money Laundering Act (PMLA), the ED said in a statement.

The Kannad SSK is owned by Baramati Agro Ltd, a company of Rohit Pawar, who is also an MLA of the Sharad Pawar faction of the Nationalist Congress Party (NCP).

The 38-year-old legislator from Karjat-Jamkhed assembly seat of Maharashtra has been questioned by the ED in the past after it searched the premises of Baramati Agro, Kannad SSK and some others in January.

With inputs from PTI

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