Overview
- Police arrested British-origin businessman Nishit Patel in the case and a Mumbai court remanded him to custody until May 19.
- An FIR at Khar Police Station names five accused, including BMC Assistant Commissioner Mahesh Patil, and the Crime Branch’s property cell now leads the probe.
- Complainant Habiba Jaffrey says Patil introduced the Bandra project at a BMC office meeting and told her to route funds through Patel.
- The complaint alleges forged government registration papers were used and about ₹16.24 crore was taken through cheques, cash, foreign currency, and high-end watches.
- Investigators say more investors may be involved, note Patil was put on compulsory leave last year over the same project, and continue to examine bank records and messages.