Maharashtra: Gilt rip-off case shut, appointment of public prosecutor on Congress put up caught in ultimate stage

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As the 19-year gilt scandal case involving state animal husbandry minister Sunil Kedar involves an in depth, the appointment of a brand new public prosecutor, who’s a Congress get together entrance officer, has troubled many.

Asif Qureshi, the president of Congress Legal and Human Rights Cell and son of former Congress MLA Shaukat Qureshi, was lately appointed as the brand new Public Prosecutor within the Nagpur District Central Cooperative Bank (NDCCB) GILT (Government Securities) rip-off case. Earlier on March 5, Jyoti Vajani, who was the general public prosecutor within the case for the final two years, tendered her resignation.

The case dates again to April 2002, when the alleged rip-off surfaced. NDCCB gave Rs 124.60 crore to 5 middleman corporations for the acquisition of presidency securities. The 5 corporations, Home Trade Securities, Giltage Management, Century Dealers, Syndicate Management and Indramani Merchants, nonetheless, allegedly didn’t return to NDCCB with any securities. Of this, the very best quantity of Rs 94 crore went to house commerce securities. At that point Kedar was the chairman of the financial institution.

Kedar was arrested on 3 May 2002. The chargesheet was filed on November 22, 2002, however Kedar received bail on the bottom that the chargesheet was not filed throughout the stipulated time of three months. Since then the case has been dragging on and 51 witnesses have testified within the courtroom and solely 5 to 6 witnesses are but to be cross-examined.

Kedar has since gained 4 instances from Sauner constituency as a Congress MLA and is now a minister within the MVA authorities.

In 2019, the Bombay High Court ordered a day-to-day listening to of the case on a Public Interest Litigation demanding a speedy settlement on the grounds that it concerned misuse of public funds. Since then, the trial within the decrease courtroom has intensified and the decision is predicted in some unspecified time in the future. Some of the delay was additionally because of the Covid-19 pandemic. However, Qureshi’s appointment at the moment has intensified hypothesis concerning the authorities’s intention.

Qureshi, who can be the previous President of the Bar Council of Maharashtra and Goa, mentioned, “I’ve efficiently dealt with the tasks as a public prosecutor within the final 15 years and achieved a excessive fee of conviction. Maybe that was the explanation why he contacted me. If there’s a chance of battle of curiosity on account of my keep in MPCC put up, I’m able to resign.

Qureshi’s predecessor Jyoti Vajani mentioned, “I’ve resigned by myself on account of private causes. There isn’t any query of being requested to resign.

He mentioned, “Some witnesses, round 5 to 6, are but to be examined. But they can’t be compelled to return for the listening to due to the pandemic.”

Rajesh Laddha, Secretary, Department of Law and Judiciary didn’t reply to calls and messages.

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With inputs from TheIndianEXPRESS

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