Court Clears Rohit Pawar and Others in MSCB Scam Case

A special court on Wednesday discharged NCP MLA Rohit Pawar and others in connection with a money laundering case at the Maharashtra State Co-operative Bank (MSCB). The ruling by Special Judge Mahesh Jadhav marks the closure of the case against 17 individuals accused of a Rs 25,000 crore scam.

The Enforcement Directorate (ED) had filed multiple complaints based on an FIR by Mumbai Police's Economic Offences Wing alleging fraudulent sales by MSCB officials. However, the court accepted the EOW's closure report, leading to the discharge of the accused despite ED's opposition due to a pending writ in the Bombay High Court.

The ED maintains allegations of significant losses to the state exchequer from 2007 to 2017. Amidst investigations, the court's decision signifies a major development in high-profile financial scrutiny involving Maharashtra's apex cooperative bank.

(With inputs from agencies.)