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ED Raids Trace Rs 60-Crore Network Linked to Ashok Kharat

Investigators are testing whether nominee accounts at cooperative credit societies funneled followers’ money into land buys through his chartered accountant.

Overview

  • The Enforcement Directorate, which registered a money-laundering case on April 6, searched 11 premises Monday across Nashik, Pune and Shirdi under the PMLA.
  • Early findings flag more than 130 accounts at cooperative credit societies that listed the same nominee and phone number, with roughly ₹60 crore flowing through them to mask control.
  • Investigators say the proceeds were steered into real estate via CA Prakash Pophale and his family, including a ₹2.40 crore purchase on March 28, 2024 at Kalman in Solapur.
  • Separate records show a wider asset map of at least 51 land parcels and built properties across Nashik, Ahmednagar, Pune and Raigad, including a farmhouse near the Mirgaon temple and a revenue-generating wedding lawn near Shirdi.
  • A Nashik court on Tuesday remanded Kharat to five days of police custody in a fourth rape case, as an SIT and the ED press on with parallel probes and political figures trade accusations over alleged links.