IL&FS money laundering case: ED issues fresh summons to NCP's Jayant Patil

He had told reporters last week that he never had any association or financial dealing with IL&FS

Press Trust of India Mumbai
Jayant Patil

Jayant Patil

Listen to This Article

The Enforcement Directorate (ED) has issued fresh summons to Maharashtra NCP president and MLA Jayant Patil for questioning in a money laundering case linked to alleged financial irregularities in the now bankrupt financial services firm IL&FS, official sources said Monday

The 61-year-old MLA from Islampur seat of Maharashtra was issued the first summons for appearance on May 12 but he had sought deferment for about 10 days citing some personal and official engagements.

The politician has now been asked to appear on May 22, the sources said.

Patil, a former minister of home and finance, is also the state president of the Nationalist Congress Party (NCP) and is a seven-term legislator.

He had told reporters last week that he never had any association or financial dealing with IL&FS.

Alleged payment of some "commission amount" by some accused companies to entities linked to Patil are under the scanner of the agency and it is understood he will be questioned about these transactions and his statement recorded under the provisions of the Prevention of Money Laundering Act (PMLA).

The agency has recently initiated fresh action in this 2019 case after it searched the Mumbai offices of-- Deloitte Haskins and Sells and BSR and Associates, an Indian affiliate of global accounting firm KPMG--, the two former auditors of IL&FS.

Also Read

Budget 2023 to increase capex for infra projects for growth: Experts

ED summons Jayant Patil ahead of SC verdict; Maha minister says coincidence

Shinde's alliance with BJP didn't serve purpose even after 10 months: Ajit

CAs, CSes concerned about new tweaks in anti-money laundering law

Eknath Shinde had cried and said he will be jailed: Aaditya Thackeray

India logs 801 new Covid-19 cases, active infections decline to 14,493

Not PIB, MeitY-led team may scrutinise news items to mark them as fake news

Govt to launch tracking system to block lost, stolen phones from May 17

Police files suo moto case against Raut for calling Maha govt 'illegal'

Top headlines: Go First blames lessors, Vedanta balance sheet in stress

The Infrastructure Leasing and Financial Services Limited (IL&FS) filed for bankruptcy in 2018.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: May 15 2023 | 11:21 AM IST

Explore News