ED has arrested Vivekanand Shankar Patil, Chairman of Karnala Nagari Sahakari Bank, Panvel in a Bank Fraud Case amounting to more than Rs. 500 Crore.
In its audit of Karnala Nagari Sahakari Bank in Panvel, Maharashtra, the Reserve Bank found that many loan accounts were opened in 17 branches of the bank, which is not correct. In June 2020, the withdrawal of more than Rs 500 per account from the bank was banned. After the audit of the RBI, the Navi Mumbai Police EOW registered a fraud, fraud, and criminal case against 76 people.
Patil was also among these 76 people. Based on the FIR of EOW, the ED registered a money laundering case. Vivekananda Shankar Patil is the Chairman of Karnala Nagari Sahakari Bank. A case of fraud of Rs 512 crore is registered in this bank fraud. It is being told that the money was diverted for Karnala Sports Academy in Navi Mumbai.
ED official also tweeted on Vivekanand Shankar Patil Arrested Case
Ani News agency also tweeted – Enforcement Directorate (ED) has arrested Vivekanand Shankar Patil, Chairman of Panvel-based Karnala Nagari Sahakari Bank in Maharashtra, in a bank fraud case amounting to more than Rs 500 crores
