Archive · 25 Jul 2025

Ex-MLA's Properties Auctioned in ₹512 Cr Bank Scam Case

Ex-MLA's Properties Auctioned in ₹512 Cr Bank Scam Case

Imagine a bank that wasn't managed very well, and a lot of money went missing.

Now, the government is trying to get the money back for the people who put their money in the bank.

They're doing this by selling some properties that belonged to a former politician, Vivekanand Patil.

These properties include a sports center and some land.

A court agreed that these properties should be sold.

The money from the sale will go to the people who had money in the bank, so they can get some of it back.

The case started because of some irregularities in the bank, and the authorities are still investigating.

Sources