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Ahead of Maharashtra polls, ED books Sharad Pawar, nephew Ajit Pawar

Weeks before Maharashtra goes to polls, Nationalist Congress Party chief Sharad Pawar was booked by Enforcement Directorate along with his nephew Ajit Pawar.

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Nationalist Congress Party chief Sharad Pawar with his nephew Ajit Pawar.

Weeks before Maharashtra goes to polls, Nationalist Congress Party (NCP) chief Sharad Pawar was yesterday – Tuesday, Sep 24 – booked by Enforcement Directorate (ED) in a money laundering case along with his nephew Ajit Pawar and 70 other officials of the Maharashtra State Co-operative (MSC) Bank.

In his reaction at the move, Sharad Pawar reportedly said he would have been ‘surprised’ if there had not been such action against him given the ‘huge’ response he received during his Maharashtra Assembly election campaign. Maharashtra goes to polls on October 21.

Pawar said that he would be “pleased” to go to jail as he had “never experienced it”. The NCP leader has been named in a complaint but is not listed as an accused in the police report on what the ED says is a Rs. 25,000-crore scam involving the sanction of loans by the MSC Bank.

“A case has been registered. I have no problem if I have to go to jail. I’ll be pleased as I’ve never had this experience. If someone plans to send me to jail, I welcome it,” Sharad Pawar, 78, said, as per a NDTV report.

Pawar had earlier “thanked” the Enforcement Directorate for naming him in connection with a bank of which he was not a member and where he was not a part of decision-making.

The Enforcement Directorate filed a case naming the Pawars based on a case filed after a Bombay High Court ordered the police to charge Ajit Pawar and 75 others in the alleged scam.

The Maharashtra State Cooperative (MSC) Bank is controlled largely by NCP leaders and people close to them.

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The complaint alleges that banking laws and Reserve Bank of India (RBI) guidelines were violated when loans were distributed to office bearers and directors of local co-operative sugar factories (CSFs), sugar factories and spinning mills in Maharashtra that had weak financial profiles, as well as the bank’s then top executives. Many of those who had sanctioned the loans were allegedly linked to the owners of the sugar mills.

The CSFs subsequently turned sick due to alleged mismanagement and underutilisation of capacity. They were sold by the board at a price below the reserve price offering wrongful gains to the purchaser.

ED is probing why these CSFs were sold at that price and at a price favouring the purchaser with no rules followed to fix the reserve price in some cases.

The alleged fraud was committed between 2001 and 2011 and is pegged at Rs 25,000 crore.

Most of MSC Bank’s 48 directors at the time were elected representatives from various political parties. These directors included Ajit Pawar, Anand Adsul and Dilip Deshmukh, among others.

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After the high court order, a case was filed last month by the economic offence wing of the Maharashtra police. Based on the case, the Enforcement Directorate started a money-laundering investigation.

According to sources, many of the sugar factories have become sick and were sold at throwaway prices. Those who bought them were allegedly linked to the bank’s directors.

Pawar has questioned the timing of the case as campaigning picks up for the assembly elections that will pit the ruling BJP and its ally Shiv Sena against the opposition Congress-NCP alliance.

“I would have been surprised had such action not been taken against me after the kind of response I receive during my visits to various districts of the state,” he said.

Last week, Pawar had taken a swipe at Union Home Minister Amit Shah, who had targeted him at a rally and questioned what he had done for Maharashtra. “One leader from their party (BJP) questioned what Sharad Pawar has done. I would like to say one thing, Sharad Pawar has never been to jail for whatever good or bad things he did. Those who were in jail for months are asking what I have done,” Pawar retorted at a rally in the same region, apparently referring to a case against Shah, in which he was discharged.

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Ramalinga Reddy resigns from Karnataka cabinet over portfolio allocation dispute

Karnataka minister Ramalinga Reddy has resigned from the DK Shivakumar cabinet after expressing dissatisfaction with the portfolio allocated to him, creating an early challenge for the new government.

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Senior Congress leader and Karnataka minister Ramalinga Reddy has resigned from the state cabinet, just days after taking oath in the newly formed government led by Chief Minister D.K. Shivakumar. The resignation follows his reported dissatisfaction with the portfolio allotted to him.

According to reports, Reddy was assigned the Major and Medium Irrigation department during the cabinet portfolio distribution announced on Friday. However, the veteran leader was said to be seeking the Bengaluru Development portfolio, which eventually went to Krishna Byre Gowda.

The development comes at a sensitive time for the new Karnataka government, which was sworn in earlier this week after D.K. Shivakumar took charge as Chief Minister. Portfolio allocation had reportedly been delayed amid intense lobbying for several key departments, including those linked to Bengaluru’s administration and infrastructure.

Reddy cites repeated humiliation

In his resignation, Ramalinga Reddy reportedly expressed strong disappointment with the manner in which the portfolio allocation was handled. He is said to have felt sidelined despite his seniority in the party and flagged what he described as a reversal of earlier assurances.

Reports indicated that meetings were held involving Shivakumar, Reddy and other senior leaders as efforts were made to resolve the issue. However, the discussions did not result in a breakthrough, leading to Reddy’s decision to step down from the ministry.

Early challenge for Shivakumar government

Reddy’s resignation marks one of the first major political challenges for the newly formed Congress government in Karnataka. The cabinet formation process had already drawn attention due to competition for influential portfolios and ongoing efforts to balance various factions within the party.

It remains to be seen whether the Congress leadership will attempt to persuade Reddy to reconsider his decision or move ahead with a cabinet reshuffle to address the vacancy.

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Vijay allocates Tamil Nadu’s lone Rajya Sabha seat to Congress

Tamil Nadu Chief Minister Vijay has handed the state’s lone vacant Rajya Sabha seat to Congress, strengthening alliance ties ahead of the upcoming Upper House elections.

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Actor vijay

Tamil Nadu Chief Minister and TVK chief Vijay has allotted the state’s lone vacant Rajya Sabha seat to alliance partner Congress, a move that further strengthens cooperation between the two parties after the formation of the new government. The decision comes ahead of the Rajya Sabha elections scheduled for June 18.

The allocation is being seen as an important political gesture by Vijay towards Congress, which has emerged as a key ally of the ruling coalition in Tamil Nadu. Congress currently has five MLAs supporting the government and is also represented in the state cabinet.

Sources indicate that senior Congress leader and All India Congress Committee functionary Praveen Chakravarty is likely to be the party’s nominee for the Rajya Sabha seat. His nomination is expected to be filed in the coming days.

Move reinforces TVK-Congress partnership

The decision follows recent interactions between senior Congress leaders and the Tamil Nadu leadership, including a meeting between veteran Congress leader P. Chidambaram and Chief Minister Vijay. Political observers view the Rajya Sabha seat-sharing arrangement as another step towards consolidating the alliance ahead of future electoral contests.

Congress had reportedly sought the Rajya Sabha berth from its ally, and the allocation is expected to increase the party’s representation in the Upper House from Tamil Nadu. With the latest development, Congress is set to have two Rajya Sabha members from the state along with representation in the state government.

The Rajya Sabha bypoll had earlier been viewed as an opportunity for Vijay’s TVK to secure its first direct entry into Parliament. However, the party chose to back its ally, highlighting the importance it places on coalition politics and alliance management.

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Mamata Banerjee seeks to steady Trinamool as party faces post-election challenges

Trinamool Congress faces growing internal challenges after its West Bengal election defeat, with rebellion claims, leadership disputes and organisational restructuring adding pressure on the party leadership.

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The Trinamool Congress (TMC) is grappling with a series of political and organisational challenges following its defeat in the West Bengal Assembly election, increasing pressure on party chief Mamata Banerjee and the leadership.

The setback has triggered intense political activity within the party, with questions emerging over leadership, organisational control and the future direction of the TMC as it seeks to recover from the loss.

Leadership dispute fuels uncertainty

The party’s troubles have been compounded by a controversy involving alleged forged signatures and competing claims over leadership positions within the legislature party. The dispute has highlighted divisions among lawmakers and added to concerns about maintaining unity within the organisation.

Political observers view the developments as one of the most significant internal challenges faced by the party in recent years.

Rebel claims add to pressure

The situation escalated after expelled leader Ritabrata Banerjee claimed recognition for a rebel faction and asserted that his group represented the “real” opposition within the Assembly. The claims have intensified speculation about divisions within the party and raised concerns about possible defections.

TMC leaders, however, have continued to maintain that the party remains united despite the ongoing controversy.

Mamata Banerjee calls it a ‘do or die’ fight

Addressing the crisis, Mamata Banerjee described the situation as a “do or die” battle for the party and accused opponents of attempting to weaken the Trinamool Congress.

The leadership has also undertaken organisational changes in an effort to strengthen the party structure. As part of the exercise, several committees and frontal organisations have been dissolved for restructuring.

Road ahead for TMC

With internal disputes and rebellion claims dominating political discussions, the coming weeks are expected to be crucial for the Trinamool Congress. The party leadership faces the challenge of maintaining unity while rebuilding its organisation following the electoral setback.

How effectively the TMC addresses these issues could play a significant role in shaping its future political strategy in West Bengal.

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