‘Did not find any evidence against MSC Bank officers’
MUMBAI : The Mumbai Police on Friday informed a special anticorruption court that they did not find any evidence against any of the persons connected with Maharashtra State Cooperative (MSC) Bank concerning a fraud case.
The statement was made in an affidavit filed by Mumbai Police in response to a protest petition filed by the complainant in the MSC Bank fraud case.
The complainant Surinder Mohan Arora had last week filed a protest petition against the closure report filed by the Mumbai Police. He alleged that the closure report revolved around statements of accused persons – the then office bearers of the bank, completely neglecting the reports of inquiry, investigation and audit conducted by reputed independent organisations like the National Bank for Agriculture and Rural Development (NABARD) and the Comptroller and Auditor General (CAG).
Mumbai Police on Friday filed a reply to the protest petition, claiming that while investigating the case, the agency was not concerned with anyone’s political affiliation but was concerned with the illegal acts, if any, committed by them, constituting a criminal offence. “The allegations made by naming persons holding responsible posts and high offices are baseless and merely ipse-dixit,” read the statement by Mumbai Police.
“During the investigation, the agency did not come across any material pinpointing any specific allegation against any specific person, director or officer of MSC Bank or any unlawful gain or undue pecuniary advantage received by an individual of MSC Bank,” read the reply.
The economic offence wing (EOW) of the Mumbai Police had filed a first information report (FIR) under relevant sections of the Indian Penal Code (IPC), the Prevention of Corruption Act, and Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. The complaint pertained to multi-crore loans to sugar cooperatives, spinning mills and other processing units from district and cooperative banks.