MSCB Scam Case: ED Allowed to Intervene in  Closure Plea

On Friday(15th March),The MSCB scam, involving Rs 25,000 crore, remains under scrutiny as the ED opposes closure despite the EOW’s recommendation. This financial debacle implicates top politicians and cooperative leaders, raising concerns about cooperative banking oversight in Maharashtra. The ED argues that crucial evidence has been disregarded, emphasizing the intertwined nature of politics and finance in the cooperative sector.