Home / Mumbai / Mumbai Crime News / Article / Mumbai: ED conducted raids at Ratnakar Gutte's firm over farm loan frau

Mumbai: ED conducted raids at Ratnakar Gutte's firm over farm loan frau

Gutte is a member of the Rashtriya Samaj Party (RSP), a BJP ally in Maharashtra, and father of Vijay Gutte, who directed the recently-released Hindi film, "The Accidental Prime Minister"

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Enforcement Directorate on Thursday conducted raid in Mumbai and other parts of Maharashtra in connection with loan fraud by companies managed by Ratnakar Gutte, whose party is an ally of the ruling BJP in the state.

The Enforcement Directorate (ED) raided 10 locations in Mumbai and Parbhani district as part of a criminal case filed under the Prevention of Money Laundering Act against Ratnakar Gutte, the chairman of Gangakhed Sugar and Energy Private Limited (GSEPL).

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