After NCP leader Chhagan Bhujbal and his family, another party leader in Maharashtra came under the scanner of ED which today attached assets worth Rs 120 crore of sitting MLA Ramesh Kadam in a case of alleged embezzelment of over Rs 300 crore in a state-run corporation.
Kadam, a Nationalist Congress Party MLA from the Mohol seat in Solapur, has been the President of the Lokshahir Annabhau Sathe Development Corporation between August, 2012 and December, 2014, during which, the ED alleged he along with other officials of the corporation allegedly misappropriated large amounts.
The central probe agency issued a provisional attachment order for seizing a flat, in the name of Kadam and his wife, located in Mumbai’s Borivali area, an agricultural land in Aurangabad district, bank balances to the tune of Rs 76.67 lakh and equity shares and a land in the upscale Peddar road area of the western metropolis.