Mumbai, Dec 05: A special MP/MLA court has framed charges against former NCP MLA Ramesh Kadam and nine others in a money-laundering case linked to alleged misappropriation of over Rs 300 crore from a state-run corporation where he was chairman between 2012 and 2014. Framing of charges paves the way for commencement of trial in a criminal case.

Court says funds meant for Matang community were diverted

Kadam and the other accused allegedly laundered around Rs 313 crore from the state-run Sahityaratna Lokshahir Annabhau Sathe Development Corporation (SLASDC), which was intended for upliftment of the Matang community in the state, who were below the poverty line. The corporation was getting financial aid under the various schemes of the central and state governments.

Special Judge Satyanar

See Full Page