Mumbai Court Accepts Closure Report in Rs 25,000 Crore MSC Bank Case Citing No Fraudulent Intent

A Mumbai special court accepted the Economic Offences Wing's closure report in the Maharashtra State Cooperative Bank (MSCB) case involving alleged irregularities worth Rs 25,000 crore between 2007 and 2017. The court found no evidence of fraudulent intent, dishonesty, or forged documents among the bank's directors, including late former deputy chief minister Ajit Pawar. While Rs 850 crore has been recovered, investigations continue for the remaining amount. Protest petitions challenging the closure were rejected, and appeals are planned by some petitioners.