Overview
- Special judge Mahesh Jadhav accepted the EOW’s C‑Summary report finding no criminal case to answer in the alleged Rs 25,000 crore MSC Bank irregularities.
- The order clears those probed, including the late Ajit Pawar, Deputy Chief Minister Sunetra Pawar and other former directors and officials named in the 2019 FIR.
- The court rejected protest petitions filed by activist Anna Hazare and others and refused the Enforcement Directorate’s application to intervene.
- EOW said it found no loss to the bank after examining key transactions, including the Jarandeshwar sugar mill sale, and cited recoveries exceeding Rs 1,343 crore.
- The decision closes the criminal case at the trial court level while ED’s PMLA proceedings and its challenge before the Bombay High Court continue under legal uncertainty shaped by Supreme Court precedent on predicate offences.