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Major reshuffle expected in Maharashtra Police leadership

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The State Home Department in Maharashtra is gearing up for a significant overhaul of its top police leadership, including the position of Director General of Police (DGP) and Police Commissioners of Nagpur and Thane. The impending retirement of the current DGP, Rajnish Seth, on December 31 has prompted the department to commence the process of selecting his successor.A top rank official said that several prominent names have emerged as contenders for the esteemed position of State DGP. The frontrunner is Senior IPS Officer Rashmi Shukla, who currently serves as the Director General (DG) of Sashastra Seema Bal (SSB). Mumbai Police Commissioner Vivek Phansalkar is also a strong candidate for the role. Other notable contenders include Thane CP Jaijeet Singh, DG ATS Sadanand Date, DG Police Housing Sandeep Bishnoi, DG Railway Pradnya Sarvade, Additional Director of NIA Atulchandra Kulkarni, and DG State Security Corporation Bipin Kumar Singh, he said. He further stated that the State Home ...
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Ashok Dhawad surrenders before MPID court in Navodaya bank loan fraud

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Published on November 5, 2019 

Former MLA Ashok Dhawad on Monday surrendered before special Maharashstra Protection of Interest of Depositors (MPID) court in connection with Rs 38.75 crore loan fraud of Navodaya Urban Co-operative Bank Limited. 
Soon after, he was arrested by the Economic Offence Wing (EOW). He will be produced in the court on Tuesday by EoW for police custody remand. A senior official of EoW said that they would interrogate Dhawad over his alleged involvment in the loan fraud case. 
It may be mentioned that Dhantoli Police had booked former Board of Directors (BoDs), office-bearers, officers and a few ‘selected’ borrowers of Navodaya Urban Co-operative Bank Limited in the infamous Rs 38.75 crore loan fraud on May 16. Shrikant S Supe, District Special Auditor (Class I) Co-operative Societies, Bhandara, lodged a complaint that former Board of Directors, office-bearers, and officers sanctioned loans to some persons without valid requirement between 2010 and 2017.
They also returned the original documents of the properties mortgaged with the bank and no objection certificates to those who had not made the repayment of the loan. While disbursing loans to some parties, they prepared fake registration documents and showed them on record as genuine. The bank sanctioned loans to some persons despite being fully aware that their properties were in dispute. The Reserve Bank of India (RBI) had cancelled the licence of the bank on October 8, 2018 as it had no adequate capital and earning prospects and did not comply with the provisions of Section 11(1) and Section 22 (3) (d), read with Section 56 of the Banking Regulation Act, 1949.
The RBI, in its order, had categorically stated that the bank failed to comply with the requirements of Section 22(3) (a), 22 (3) (b), 22(3)(c), 22(3) (d) and 22(3)(e) read with Section 56 of the Act and its continuance was prejudicial to the interests of its depositors. The order also stated that the bank with its present financial position would be unable to pay its present depositors in full; and public interest would be adversely affected if it was allowed to carry on its banking business any further.
Consequent to the cancellation of its licence, the bank was prohibited from conducting the business, including acceptance of deposits and repayment of deposits as defined in Section 5(b) read with Section 56 of the Act with immediate effect. Despite RBI moratorium, the Board of Directors and office-bearers of the bank continued illegal business. Moreover, the Board of Directors and office-bearers tampered with the computer records using the names of employees who had resigned from the bank. Likewise, they defrauded the genuine investors to the tune of Rs 38.75 crore.
On the basis of the complaint, police registered an offence under Sections 406, 409, 420, 120(b), 465, 467, 468, 471, 477 (a) of the Indian Penal Code, read with Section 3 of Maharashtra Protection of Interest of Depositors Act and Sections 65, 66 (b) of Information Technology Act, against the former Board of Directors, office-bearers and some borrowers.

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