Home / ED allegation will not stand in court: Balasaheb Patil

ED allegation will not stand in court: Balasaheb Patil

 ED allegation will not stand in court: Balasaheb Patil

As the Enforcement Directorate investigates the alleged multi-crore cooperative sugar mill scam in Maharashtra, Cooperation Minister Balasaheb Patil has the tough task of defending his party, the NCP, and the state government. Patel denied allegations that the sale of sugar cooperatives to private entities at throwaway prices benefited politicians.

The government has taken a policy decision to allow sick cooperative sugar mills to be operated on lease or partnership basis.

Excerpts from an exclusive interview:

Q. The ED has alleged that a scam involving cooperative sugar mills affected lakhs of farmers in Maharashtra. Your comments.

A. There is no scam involving cooperative sugar factories. Therefore, the question of farmers being affected does not arise. The issue relates to the sale of cooperative sugar mills under the SARFAESI (Securitisation and Reconstruction of Financial Assets and Enforcement of Security…

Read full article at www.theweek.in