Maha to probe loan to Riteish-Genelia firm

November 30, 2022 21:27

Riteish Deshmukh and his wife Genelia

Maharashtra minister Atul Save on Wednesday said a probe has been ordered to check if there was any irregularity on the part of cooperative banks in providing loan to actor Riteish Deshmukh and his wife Genelia Deshmukh's agro-processing company.

Last month, the Bharatiya Janata Party leaders in Latur district had alleged that the agro processing company, Desh Agro Pvt Ltd, got a Maharashtra Industrial Development Corporation plot out of turn in their hometown Latur during the previous Maha Vikas Aghadi government.

State BJP leaders had also alleged that the company applied for a loan on October 4, 2021 with the Pandharpur Urban Cooperative Bank and the bank approved the loan of Rs 4 crore on October 27.

It applied for a loan with the Latur District Central Cooperative Bank and a loan of Rs 61 crore was approved on October 27.

It took a loan of another Rs 55 crore from the bank on July 25, 2022.

"Our (BJP's) Latur district president (Gurunath) Mage had written a letter (raising the issue). I don't know anything about the MIDC, but I have ordered an inquiry to check if there was any irregularity on the part of the banks," Save, state cooperative minister, said. -- PTI

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