Chhatrapati Sambhajinagar: As the auction for sealed properties of the scam-hit Adarsh Urban Credit Cooperative Bank continues to find no desired takers, city MP Imtiaz Jaleel has requested the state government to take over these properties.Accordingly, the local authorities have written a letter to the commissioner for cooperation and registrar of Maharashtra for necessary action.Jaleel, who has been the voice of bank depositors since the beginning, said the government purchase of Adarsh bank properties can only ensure Diwali celebrations for depositors.Around 22 bank properties are available for auction, but failing to find any bidders. Depositors could get their money back only if these properties are sold. It is high time the state government take over these properties and return money to investors, he said.Jaleel said around 40,000 bank depositors have been having sleepless nights ever since the scam broke out.Chief Minister Ekanth Shinde and Maharashtra cooperation minister Dilip Walse-Patil should take quick steps and ask the commissioner for cooperation and registrar to purchase the bank properties to create the desired corpus, he said.A marriage hall and a hospital run by the bank in Kannad taluka of Chhatrapati Sambhajinagar district are among the prime properties put on auction in order to recover investors money. The marriage hall has a valuation of Rs 8.4 crore, while the hospital has a valuation of Rs 4.22 crore, according to official details.Walse-Patil could not be reached for his comments.We also published the following articles recentlyCo-operative bank fails to vacate Dombivli building, fined Rs 1.5 croreThe Kalyan civil court has fined Sahyadri Sahakari Bank Ltd Rs 1.5 crore for failing to vacate a building it has been operating from since December 2016. The court has ordered the bank to leave the property within a month. The landowner, Shivajirao Jondhale, had filed a complaint in June stating that the bank had refused to vacate the premises despite receiving notices. The court has also ordered the bank to pay pending rents amounting to Rs 1.23 crore, with interest. The bank did not respond to requests for comment.Property dealer shot dead in Delhis RohiniA 26-year-old property dealer in Delhi was shot and killed near his home by individuals who arrived in a car. The victim had been involved in a dispute with acquaintances a week prior. The police are conducting further investigations into the case.ED attaches properties of Peoples Group, Bhopal in PMLA caseThe Enforcement Directorate (ED) has attached properties worth Rs 230.4 crore belonging to the Peoples Group in Bhopal, Madhya Pradesh, under the Prevention of Money Laundering Act. The properties include educational institutions, a paper mill, and newsprint machinery. The investigation revealed that the group allegedly enriched themselves using funds received as Foreign Direct Investment through questionable means, causing damage to the shareholders. The ED is conducting further investigations to uncover more details and irregularities.

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