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Maharashtra

Rs 500 Cr Land Scam: EOW Files Closure Report In Jogeshwari Land Case Against Shiv Sena MP Ravindra Waikar

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Mumbai: The Mumbai Police’s Economic Offenses Wing (EOW) filed a closure report in the Jogeshwari land case against Shiv Sena MP Ravindra Waikar, his wife, and four close associates. This development came after Waikar joined the Eknath Shinde-led faction and subsequently won Mumbai’s North West Lok Sabha seat by a narrow margin.

The case pertains to the construction of a star hotel in Jogeshwari by allegedly manipulating the land use conditions.

The EOW stated that the complaint filed by the Brihanmumbai Municipal Corporation (BMC) was based on “incomplete information and misunderstanding.” Waikar joined the Shiv Sena in the presence of Maharashtra CM Eknath Shinde in March this year.

Ravindra Waikar Appeared Before ED In January

Earlier in January, the Shiv Sena MP appeared before the Enforcement Directorate (ED) in connection with a money laundering case related to an under-construction luxury hotel in Jogeshwari.

After appearing before the central agency, Waikar’s lawyers called the allegations made against the Uddhav faction MLA “bogus and baseless.” Meanwhile, the Shiv Sena (UBT) MLA said that he cooperated in the ED’s investigation and would return if called again by the ED.

“We have submitted the bank documents and other details. If complaints are made in this manner and permission is revoked after granting it, it is absolutely wrong,” Waikar said while talking to reporters.

Waikar’s lawyers, Mohan Tekavde and Swati Tekavde, who were with the MLA for nine hours during the questioning, said, “We answered all the questions of the ED and provided them with all the details. We submitted documents from the year 2001 pertaining to this matter. There are no proceeds of the crime linked to my client and no tainted money is involved. Allegations of a Rs 500 crore scam made against Waikar are bogus and baseless.” The Enforcement Directorate earlier conducted raids at seven locations related to Waikar and his partners in connection with the same case.

The ED registered a case under the Prevention of Money Laundering Act (PMLA) against Waikar in November, alleging a “Rs 500 crore 5-Star Hotel Scam.” Waikar is accused of defrauding the BMC of Rs 500 crore by obtaining permission to build a five-star hotel on a plot reserved for a BMC playground.

Ravindra Waikar won the Mumbai North-West constituency by a small margin of 48 votes. The constituency witnessed a close fight between both Shiv Sena factions – Eknath Shinde’s Ravindra Waikar and Uddhav Thackeray’s Amol Kirtikar.

Maharashtra

Ramadan 2025: Naya Nagar Police Hold Peace Committee Meeting In Mira Road To Ensure Harmony

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Mumbai: Reaffirming their commitment to peace during celebrations of festivals and occasions, the Naya Nagar police held a committee meeting ahead of Ramzan on Thursday.

The meeting was held at a hall in the Rassaz International School in Mira Road registered the active presence of around 115 people including representatives of peace committee, mohalla committee, various religious trusts and distinguished citizens in order to prevent any type of untoward incident during the holy month. Urging continued among all community members, senior police officials including DCP (Zone I)- Prakash Gaikwad and senior police inspector- Amar Jagdale informed the participants about the importance of ensuring that closed circuit television (CCTV) cameras installed in mosques/madrasas, traffic diversions, alternate routes and parking arrangements.

The officials also advised citizens not to believe rumor-mongers who spread fake messages on social media platforms to disturb peace and harmony tagged with an appeal to immediately inform the police if they face any difficulties, come through such defamatory messages or spot any suspicious activities.

This year, astronomers have predicted that the moon may be visible on 28, February which would set the first fast (Roza) for 1, March 1. Similarly, Ramadan will mark the arrival of Eid ul-Fitr, which is anticipated to be observed on 30 or 31 depending on the moon sighting.  

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Maharashtra

‘Pod Taxi System To Be Operated On Trial Basis In Thane’, Says Minister Pratap Sarnaik

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Thane: An automated pod taxi system will be operated on a trial basis between Bhayander Pada Metro Station on Ghodbunder Road and Vihang Hills Circle in Thane as part of efforts to alleviate traffic congestion, Maharashtra transport minister Pratap Sarnaik said on Friday.

The rising number of vehicles and limited road space in Thane have made it imperative to explore alternate solutions like pod taxis and ropeways, he added.

Pod taxis, also called Personal Rapid Transit, are driverless electric vehicles that carry passengers between specific locations at high speeds.

“The initiative aligns with the vision of Prime Minister Narendra Modi and Union Road Transport Minister Nitin Gadkari, who have been advocating for modern urban transport solutions,” said Sarnaik who recently visited the site of a pod taxi project in Vadodara in Gujarat.

“A pilot project for automated pod taxis has already been approved for the Bandra Kurla Complex (BKC) in Mumbai. Pilot projects will also start between JP Infrastructure in Mira-Bhayander and Shivaji Maharaj Statue as well as between Bhayander Pada Metro Station and Vihang Hills Circle in Thane,” he said.

During the day, the minister reviewed the progress of various projects along with Thane Municipal Corporation officials.

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Business

Bombay High Court Slams Banks For ‘Cut, Copy, Paste’ Fraud Declarations, Asks Anil Ambani To Approach RBI

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Mumbai: The Bombay High Court on Friday raised concerns over the “cut, copy, paste manner” in which banks pass orders declaring accounts as `defaulter’ or `fraud’, and asked industrialist Anil Ambani to approach the RBI against an order of the Union Bank of India declaring his loan account as `fraud’.

A division bench of Justices Revati Mohite Dere and Neela Gokhale was hearing a petition filed by Anil Ambani challenging the October 10, 2024 order passed by the Union Bank of India.

He was not granted any hearing before the order was passed, he claimed, challenging two show-cause notices issued by the bank. He had also asked for copies of the documents on which the bank had relied before passing the order, but no documents were furnished, the petition claimed.

During Friday’s hearing, the court said it was repeatedly coming across cases where banks declare accounts as `fraud’ or `willful defaulter’ without following the guidelines laid down by the Reserve Bank of India.

“There cannot be such cut, copy and paste orders. There has to be some application of mind. Ultimately this is public money. We cannot have such orders passed in such a casual manner. There has to be some mechanism put in place,” the bench said.

Banks have to be mindful of the fact that guidelines, published in the RBI’s `master circulars’, are in place, the HC said.

Such orders will continue to be passed unless the RBI takes action against bank officials, and it was advisable that the RBI put in place some mechanism, the court said.

“We feel this is being done deliberately. There has to be some checks and balances, otherwise this will go on,” it said.

Senior counsel Venkatesh Dhond, appearing for the RBI, said any aggrieved person can lodge an online complaint with the RBI if they feel that a bank order violated the principles of natural justice.

Advocate Dhond, however, clarified that the RBI will not go into the merits of the case after a complaint is filed, but only see if mandatory procedures were followed before passing the order.

The court accepted his statement, and asked Anil Ambani to lodge a complaint with the RBI.

“Let the petitioner upload his complaint. Let us start with that,” the HC said.

The court also directed the Union Bank of India to file its affidavit in response to Ambani’s petition, and posted the matter for further hearing on March 13.

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