The case relates to MSCB officials allegedly giving loans to sugar factories, without following the procedure, even after they had turned into non-performing assets (NPAs) and their subsequent sale to kin of the accused below market value
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The Enforcement Directorate (ED) on Monday attached assets of cooperative sugar factories, including 90 acres of land belonging to erstwhile Ram Ganesh Gadkari SSK held in the name of Takshshila Securities Pvt Ltd and two pieces of non-agricultural land measuring 4.6 acres belonging to Prajakt Tanpure (worth Rs 7.6 crore) in connection with a PMLA case.