Minister held for Jalgaon housing scam
Minister of State for Transport in Maharashtra was arrested for alleged involvement in a housing scam related to construction of 11,000 low-cost houses in Jalgaon, north Maharashtra.
Construction tender was floated by the Jalgaon Municipal Council in 1997 for the housing scheme. It promised to provide nine plots for the project.
It was found later that the tender conditions were altered to ensure that Khandesh Builders, a front company of Jain, secured the contract. Of the promised nine plots, five did not belong to the Jalgaon council and the remaining four were reserved for school, public garden or hospitals.
Though the project did not completed, massive funds were allegedly given to Khandesh Builders and later it was found that a sizable proportion of it was transferred into the accounts of companies controlled by Jain.
Additional SP Ishu Sindhu, who is probing the Rs 46-crore scam, had summoned 46 former corporators. While only 25 turned up and were arrested.
Of the 25 former corporators arrested, 15 were granted bail, while the rest were remanded in police custody.
So far, 38 persons including former housing minister and Shiv Sena MLA Sureshdada Jain have been arrested in this case.
More related stories:
Public Accounts Committee to check Adarsh Housing Society Scam
Source: Indian realty News