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'BJP will pay for this': Raut after ED raids firm owned by CM's brother-in-law

ED’s action against the CM’s brother-in-law in connection with a money laundering investigation intensifies political battle in the state

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Shridhar Patankar is the brother-in-law of Chief Minister Uddhav Thackeray. Pic/Ashish Raje

Shridhar Patankar is the brother-in-law of Chief Minister Uddhav Thackeray. Pic/Ashish Raje

The ED on Tuesday attached assets worth R6.45 crore of a company owned by Shridhar Patankar, brother-in-law of Maharashtra Chief Minister Uddhav Thackeray, in connection with a money laundering investigation. The Enforcement Directorate said in a statement that it has issued a provisional order under the Prevention of Money Laundering Act (PMLA) to attach 11 residential flats in Neelambari project, located in Thane, of Shree Saibaba Grihanirmiti Private Limited.

Shridhar Madhav Patankar, the brother of Thackeray’s wife Rashmi, “owns and controls” Shree Saibaba Grihanirmiti Private Limited, it said. The agency alleged funds that were siphoned off in a money laundering case being investigated against the Pushpak group and its company Pushpak Bullion were “parked” in the real estate projects of Shree Saibaba Grihanirmiti Pvt. Ltd.

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