Connect with us
Tuesday,25-November-2025
Breaking News

Maharashtra

Mumbai News: ED Searches 9 Premises Linked To NCP Leader, Sharad Pawar’s Close Aide In Connection With Money Laundering Case

Published

on

Mumbai: The Enforcement Directorate conducted searches on Thursday and Friday at nine locations, encompassing both official and residential premises of three Jalgaon-based jewellery firms. The promoters and directors of these firms were subjected to these searches in connection with three instances of bank fraud.

These cases involve Ishwarlal Jain, a former Rajya Sabha member and a close associate of Sharad Pawar. Ishwarlal Jain also held the position of the former treasurer of the party. The searches were carried out by the Enforcement Directorate across multiple locations, including Jalgaon, Mumbai, Thane, Aurangabad, Nagpur, and a few others.

ED searches were based on Money Laundering Investigation related to an alleged bank fraud case that caused a total loss of Rs.353 crore to the state Bank of India.

Details On The Case

The current ED search is rooted in an FIR registered by the CBI in 2022 against a jewellery firm associated with Ishwarlal Jain and others. This FIR was prompted by complaints lodged by the State Bank of India. The SBI alleged irregularities in the transactions involving three accused firms: Rajmal Lakhichand Jewellers Pvt Ltd, Manraj Jewellers Pvt Ltd and RL Gold Pvt Ltd. These irregularities are related to transactions with the SBI, spanning the period from 2002 to 2014.

Their promoters, directors and guarantors –Ishwarlal Shaankarala Jain Lalwani, Manish Ishwarlal Jain Lalwani, Pushadevi Ishwarlal Jain Lalwani and Neekita Manish Jain Lalwani who were named as accused in CBI complaint. According to SBI complain to CBI, Rajmal Lakhichand Jewellers caused a loss of Rs 206.73 crore to the bank, RL Gold Caused a Rs 68.19 crore loss and Manraj Jewellers a Rs 76.57 Crore loss.

ED sources reported the seizure of important documents and digital evidence during the search related to the bank fraud. In December 2022, the CBI registered the FIR and also conducted a raid on the jewellery firm at that time, recovering numerous pieces of paper relevant to the bank fraud.

Ishwarlal Jain: Senior Pawar’s Close Aide In NCP

Ishwarlal Jain Lalwani was a prominent leader of the NCP party and was known to have a close association with Sharad Pawar. According to the registered FIR, the three accused companies allegedly sold goods worth Rs. 10,187 crore to a partnership firm during 2010-11 to 2017-18 and bought goods worth Rs. 9,925 crore. despite request from forensic audits, the financials of the company Rajmal Lakhichand were not allegedly provided by the promoters. The bank had alleged that the accused had colluded and committed illegal activities, including forgery by manipulation and submission of fake financial statements and fabrication of factitious transactions.

The entire case pertains to the default of the loan. The bank alleged in the complaint that the mortgaged assets had been sold without seeking its permission which resulted in the loss of security against the loan granted and that the recovery of loans got seriously jeopardised.

The bank also alleged that the accused firms availed the credit facility from SBI but misappropriate their process by their process by diverting them for non-sectioned purpose.the loan accounts had turned into non Performing Assets.

Maharashtra

Five-year-old kidnapped girl rescued from Vakola, five arrested, girl held hostage by uncle in Panol

Published

on

Mumbai: Police has claimed to have arrested five accused, including uncle Momani, on charges of kidnapping a five-year-old girl. The gang had planned to kidnap and sell the girl. A case of kidnapping of a minor girl was registered on November 22 under the limits of Vakola police station. Several teams were formed in Zones 8 and 7. During the investigation, it was revealed that a suspicious rickshaw had gone to Panvel and returned. A man, a woman, a rickshaw driver and the girl were in the rickshaw between 2 and 3 am. The kidnappers were identified as the girl’s uncle Lawrence Niconelis Fernandes, 42, and his wife Momani, who is a Mangal degree, both of them had gone to Panvel by rickshaw and were going to sell the kidnapped girl. The kidnapped girl was recovered from the possession of their acquaintance Sans. The Sans gave details about the wanted accused during the investigation, after which Windra Dinesh Chavan, 60, and Anjali Ajit Korgaokar, 57, were arrested from New Panvel, Raigad. The kidnapped girl was sold for Rs 1,80,000 and Vrinda Chavan was taken into custody from her house and the girl was safely brought to Vakola. This operation was carried out by DCP Manish Kalwaniya on the instructions of Mumbai Police Commissioner Deven Bharti and the girl was recovered safely. In this case, the police have arrested rickshaw driver Latif Abdul Majeed Sheikh, 52, a resident of Santa Cruz, Lawrence Nicholas Fernandes, 42, a laborer from Raigarh, Mangal Dagra Jadhav, 38, from Raigarh, Kiran Maruti Sons, 38, from Panvel, Vrinda Vanish Chavan, 60, from Raigarh and the investigation is underway.

Continue Reading

Maharashtra

Maharashtra Govt Launches Major Push For Women’s Economic Empowerment In Rural & Tribal Areas

Published

on

Palghar: The Maharashtra government has initiated a major push toward strengthening economic prospects for women in rural and tribal regions, with Chief Minister Devendra Fadnavis stating that women’s economic empowerment remains the administration’s top priority.

On Monday, the Umed–Maharashtra State Rural Livelihoods Mission (MSRLM) under the Rural Development Department signed a Memorandum of Understanding (MoU) with the Raah Foundation to expand sustainable livelihood opportunities for women across the state.

Fadnavis said the collaboration would play a crucial role in enhancing income-generation avenues for women in remote and tribal regions. “This MoU will significantly help in expanding livelihood opportunities for women by tapping into their inherent skills and local resources,” he said, highlighting ongoing efforts to create economic development pathways across rural Maharashtra.

The agreement aims to empower women in Palghar, Nashik, and Raigad districts—regions with a large tribal and rural population—by integrating climate-resilient practices, smart agriculture, water security initiatives, and nature-based livelihood programmes.

The partnership will combine the technical expertise of the Raah Foundation with Umed’s extensive network of Self-Help Groups (SHGs), enabling rural women to access training, resources, and market linkages.

Under the collaboration, two nursery development and bio-production centres will be set up in each of the three districts, expected to benefit more than 5,000 women and farmers. Additionally, a women-led Food Forest Project will be launched, with each participant expected to earn up to ₹1 lakh annually.

The initiative will also integrate multiple government schemes—including the Van Dhan Scheme, PMFME, NHM, and RSETI—to ensure women farmers receive support in the form of credit, insurance, training, and market access.

Officials said the collaboration aligns with Maharashtra’s Vision 2030, the United Nations Sustainable Development Goals (SDGs), and India’s National Climate Commitments (NDCs), positioning the project as a scalable model for women-led, sustainable economic growth.

The government expects the initiative to create measurable improvements in income, resilience, and financial autonomy for thousands of rural women—ushering in a transformative shift in livelihood opportunities across the state.

Continue Reading

Maharashtra

Three arrested for attempted murder at Goregaon RA signal

Published

on

Mumbai: Police has claimed to have arrested three people on charges of attempted murder. According to details, on November 22, the complainant Zohaib Naeem Baig, 22, was passing by on his motorcycle at the RA signal in Goregaon. Due to the signal being off, three unknown assailants attacked him and snatched the motorcycle keys and stabbed him in the stomach with a sharp weapon for no reason. After which the police registered a case of attempted murder and started searching for them. According to the statement of the complainant and his friend, two people have been arrested from the Goregaon area, along with one from the RA. The motorcycle and the knife used for the attempted murder have also been recovered from their possession. The accused have been identified as Naeem Shahabuddin Dhobi, 26, Sameer Shahabuddin Dhobi, 30, and Vinod Kumar Padiyaji, 29. This operation was carried out on the orders of Mumbai Police Commissioner Devin Bharti and the accused have been arrested and the murder weapon has also been seized.

Continue Reading
Advertisement
Advertisement

Trending