Shivajirao Bhosale Sah Bank: ED attaches properties

The Enforcement Directorate (ED) on Friday provisionally attached properties worth Rs 26.60 crore approximately in the case of Shivajirao Bhosale Sahakari Bank fraud.

It bears recalling that the Reserve Bank of India had through an order dated May 28, 2021 cancelled the licence of Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra. Consequently, the bank ceased to carry on banking business, with effect from the close of business on May 31, 2021.

The attached properties include 23 immovable properties belonging to Anil Shivajirao Bhosale, Suryaji Pandurang Jadhav and Nusrat Shanur Mujawar and equity holdings of Anil Shivajirao Bhosale.

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