Lagatar24 Desk
Mumbai, Aug 4: Shiv Sena MP Sanjay Raut, arrested by the Enforcement Directorate (ED) in a money-laundering case, will remain in the custody of the probe agency till Monday. While extending the custody, the special court in Mumbai court noted that the central agency has made ‘remarkable progress’ in the investigation.
Raut (60) was arrested on Sunday midnight after over four hours of questioning in connection with alleged financial irregularities in the redevelopment of a chawl in Mumbai and related financial property transactions involving his wife and alleged associates.
On Monday, the court had remanded him in ED custody till August 4.
The investigation agency presented Raut to Judge M. G. Deshpande of the special Prevention of Money Laundering Act (PMLA) court at the conclusion of his initial remand today. It asked for an extension of his custody so that more investigation could be done. The custody was extended by the court until August 8 after hearing from both parties.
Earlier, the ED had testified in court that Raut and his family had earned ‘proceeds of crime’ of more than Rs. 1 crore that were the result of purported irregularities in the housing rehabilitation project.
Raut, a close assistant to Shiv Sena leader Uddhav Thackeray, has denied any wrongdoing and claimed he is the victim of political retaliation.
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