Overview

• On July 11, Additional Sessions Judge N G Shukla denied bail to Ketan Kadam, citing his pivotal role in setting restrictive tender terms for Mithi river desilting contracts
• The court noted prima facie evidence that Kadam received ₹2.41 crore in his personal account from a supplier without documentary justification as salary
• Investigators allege BMC officials colluded with Kadam between 2019 and 2024 to tailor tenders exclusively in favor of his firm, Virgo Specialties
• The sessions court highlighted that statements of key witnesses, including senior Brihanmumbai Municipal Corporation officers, remain to be recorded
• The Enforcement Directorate has formally moved to record Kadam’s statement in jail under its parallel money-laundering probe