...
...
Next Story

Maharashtra Congress MLA Sunil Kedar disqualified after conviction in bank scam

Sunil Kedar, a former minister and a five-term MLA from Saoner in Nagpur in Vidarbha, was convicted by a Nagpur court on Friday for the ₹125 crore financial irregularities in Nagpur District Central Cooperative Bank in 2002

Published on: Dec 24, 2023, 19:44:27 IST
Advertisement

The Maharashtra state legislature disqualified Congress MLA Sunil Kedar on Saturday, a day after he was convicted for five years for the 125 crore financial irregularities in Nagpur District Central Cooperative Bank in 2002.

Sunil Kedar (File)
Sunil Kedar (File)

The notification was issued by the state legislature secretary Jitendra Bhole on Saturday as per the provisions in Article 191 (1)(e) of the Constitution of India read with Section 8 of the Representation of People’s Act. The action was taken after Nagpur police informed the legislature about the conviction.

“Now, therefore, in accordance with sub-clause (a)of clause (3) of article 190 of the Constitution of India, the seat of Shri Kedar, has become vacant from the date of his conviction, i.e. 22nd December 2023,” the notification said.

Kedar, a former minister and a five-term MLA from Saoner in Nagpur in Vidarbha, was convicted under sections 406, 409, 468, 471, 120(B) and 134 of the Indian Penal Code (IPC) by an assistant chief judicial magistrate in Nagpur on Friday. He has been sentenced to five years of rigorous imprisonment along with a fine of 12.50 lakh.

“The disqualification can be reviewed if any upper court stays the conviction awarded by the Nagpur court. The stay to sentence or the bail to the convict does not affect the disqualification,” said another official from the state legislature.

The strength of the Congress in the legislative Assembly, whose term ends in October next year, has dropped to 44 after the disqualification of Kedar.

The district cooperative bank lost 125 crore in government securities in 2002 as rules were flouted while investing funds through Home Trade Securities, an investment firm.

 
ABOUT THE AUTHOR
Surendra P Gangan

Surendra P. Gangan is an Associate Editor with the Mumbai Edition of the Hindustan Times, covering politics, social and economic issues, and Maharashtra affairs. With more than three decades of experience in journalism, he has reported extensively on Maharashtra’s political landscape, its evolving power equations and the issues that shape public life in the state. A firm believer in the value of ground reporting, he enjoyes pursuing stories that generate conversation and make an impact beyond the newsroom. Outside journalism, he was university-level cricketer during his college days and remains an amateur swimmer and an enthusiastic trekker.

Catch every big hit, every wicket with Crickit, a one stop destination for Live Scores, Match Stats, Infographics & much more. Explore now!

Stay updated with all the Breaking News and Latest News from Mumbai. Click here for comprehensive coverage of top Cities including Bengaluru, Delhi, Hyderabad, and more across India along with Stay informed on the latest happenings in World News.
Catch every big hit, every wicket with Crickit, a one stop destination for Live Scores, Match Stats, Infographics & much more. Explore now!

Stay updated with all the Breaking News and Latest News from Mumbai. Click here for comprehensive coverage of top Cities including Bengaluru, Delhi, Hyderabad, and more across India along with Stay informed on the latest happenings in World News.
SHARE THIS ARTICLE ON
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks