Politics

NCP’s Ajit Pawar quits as Maharashtra MLA

Nationalist Congress Party leader Ajit Pawar has quit as the MLA from Maharastra’s Baramati.

No reasons were given for the sudden step by Mr Pawar, who was named – along with his uncle and NCP President Sharad Pawar; by the Enforcement Directorate in the alleged Rs. 25,000-crore Maharashtra State Cooperative Bank Ltd. scam.

Besides Ajit Pawar, those accused in the case include another NCP leader and senior bank officials. According to the complaint, a NABARD’s audit report revealed a breach of banking laws and RBI guidelines in the distribution of loans to sugar factories and spinning mills, and the subsequent default on repayment and recovery of these loans.

Both the leaders have denied any wrongdoing and have accused the central government of political vendetta.

Maharashtra Assembly Speaker Haribhau Bagade said that Ajit Pawar had submitted his resignation as legislator and it has been accepted.

The Former Maharashtra Deputy Chief Minister’s move comes on the day when nominations for the October 21 Assembly elections opened.

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