ED questions MNS leader Sardesai in IL&FS loan case

Mumbai, September 6

Maharashtra Navnirman Sena (MNS) leader Nitin Sardesai was on Thursday questioned by the Enforcement Directorate (ED) in connection with a case related to IL&FS loan to a realty firm, an official said, days after party chief Raj Thackeray was quizzed in the same matter.

Sardesai, a former MLA, was summoned by the ED to join the probe related to Kohinoor Square building here.

Accordingly, Sardesai arrived at the ED office in Ballard Pier, South Mumbai, at around 11.30 am and left at around 6 pm, the official said.

He was questioned for several hours in connection with Kohinoor CTNL and money trail of the loan disbursed by the now bankrupt IL&FS to Kohinoor CTNL, the official said.

The case pertains to alleged irregularities in loan disbursal by Infrastructure Leasing and Financial Services (IL&FS) to Kohinoor CTNL.

Kohinoor CTNL has developed Kohinoor Square, a high-rise at Dadar in Central Mumbai.

According to the official, Sardesai was one of the partners of Matoshree Realtors, which had invested Rs 4 crore in the project. PTI