Enforcement Directorate attaches sugar mill of Sharad Pawar's grandnephew

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 Ac...

PTI
NCP MLA Rohit Pawar (Sharad Pawar faction)
The Enforcement Directorate on Friday said it has attached assets worth more than Rs 50 crore of a sugar mill owned by a company of Rohit Pawar, the grandnephew of NCP (SP) supremo Sharad Pawar. 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.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › India › Enforcement Directorate attaches sugar mill of Sharad Pawar's grandnephew
Text Size:AAA
Success
This article has been saved

*

+