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Mumbai Court Takes Cognisance of ED Chargesheet in MSCB Scam, Summons Rohit Pawar

Special Judge Satyanarayan Navander found prima facie evidence of an undervalued, rigged sale under the Prevention of Money Laundering Act.

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Overview

  • A special court on July 18 took cognisance of the Enforcement Directorate’s supplementary PMLA chargesheet in the MSCB scam and summoned MLA Rohit Pawar, his associate Rajendra Ingwale and Baramati Agro Ltd to appear on August 21.
  • The court found prima facie that Pawar and Ingwale knowingly participated in a scheme to undervalue the 2012 Kannad sugar factory auction.
  • The ED’s fresh chargesheet filed last week includes Pawar, Baramati Agro and 15 other defendants among 17 total accused in alleged money-laundering offences.
  • Investigators allege Baramati Agro and Hi-Tech Engineering engaged in a pre-arranged bidding plot, highlighting a ₹5 crore transfer and a March 2013 Yes Bank valuation of ₹75 crore.
  • A Mumbai Police EOW closure report from January 2024 clearing Pawar remains pending court approval and could end the ED’s prosecution if accepted.