Court orders auction of ex-MLA Vivekanand Patil's properties in Rs 512 crore Karnala bank fraud case
The properties, comprising a multi-acre sports academy and a land parcel in Panvel, have been attached by probe agencies in an alleged fraud of over Rs 512 crore at the Karnala Nagari Sahakari (cooperative) Bank.
Patil, the prime accused in the case, represented Panvel as a Peasants and Workers Party of India MLA for three terms and was a legislator from Uran once.
A total of 87 properties, including some ancestral assets of Patil, were attached under the MPID Act, or the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, by Navi Mumbai police's Economic Offences Wing.
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