BJP leader booked for Rs. 123-crore fraud

March 29, 2015 03:38 am | Updated 04:37 am IST - MUMBAI

BJP leader and Mumbai District Central Cooperative Bank’s chairman Pravin Darekar has been booked for allegedly causing the bank a loss of Rs. 123 crore since 1998.

Confirming this, a Mumbai Police officer said the FIR against Mr. Darekar was registered on Friday based on a complaint lodged by advocate Vivekanand Gupta.

In his complaint, Mr. Gupta has accused Mr. Darekar of fraud and embezzlement of funds.

A case was registered against Darekar and another former chairman of the bank Shivaji Nalawade.

Bank officer Prakash Shirwadkar has also been named as an accused.

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