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Kirit Somaiyas motivations for the Pen bank scam are questioned by an activist
In relation to the Rs 758 crore Pen Cooperative Urban Bank (PCUB) issue, activist Janardan Parte has questioned BJP leader Amit Shah’s motivations for declaring that the attached properties of individuals guilty in the fraud should be freed. Somaiya, who was recently in Pen bank scam, stated that the Enforcement Directorate (ED) will free the accused’s attached properties while compensating impacted depositors with insurance money. Parte questioned Somaiya’s motives, believing that the accused would get the upper hand if ED released the assets that it had confiscated and that depositors would have less choices for getting their money back. Shirish Dharkar, the primary defendant, is a former BJP politician who bought land close to the Navi Mumbai International Airport and other locations.
After a re-audit revealed the depth of the bank’s losses, the PCUB scandal was made public in October 2010. Police utilised the Maharashtra Protection of Interest of Depositors Act and ED to seize the accused’s property. The trustees and bank chairman are included in the FIR. In proceedings brought by the ED, CBI, and the state’s Economic Offences Wing, more than 50 people were listed as defendants, including bank director J Gurav and businessman Amardeep Singh Vig. The bank had about 1.98 lakh depositors, 18 locations (including three in Mumbai), and 42,000 stockholders. Somaiya has previously said to the media that the ED, state and union cooperation ministries, and the PCUB fraud problem will be discussed.
“Depositors are battling to get their money back while one of the accused, who is Navi Mumbai’s top advertising firm owner, is enjoying international travels with his family and playing golf in an opulent commercial complex,” activist Anarjit Chauhan said. “Auction of connected assets of guilty under MPID as per Bombay HC judgement, can assist depositors get back the money they lost,” Thevidar Sangharsh Samiti’s acting president, Naren Jadhav, said.
Latest News
Dronagiri Water Crisis Leaves 350 Families Dependent on Tankers
Residents say unreliable CIDCO supply is forcing them to spend lakhs every month on water.
The Crisis
More than 350 families living in Akshar Estonia, Sector 47, Dronagiri, are struggling with an unreliable water supply and have been forced to depend on private tankers to meet their daily needs.
Residents claim that the CIDCO water supply, provided on alternate days, is insufficient and often comes with low pressure. As a result, the society has reportedly been spending around Rs 5 lakh every month on tanker water. Residents estimate that the expenditure has reached nearly Rs 1.5 crore over the past three years.
According to residents, the low pressure often prevents their underground water tanks from filling adequately. Technical issues in the main pipeline receiving water from the Hetawane dam, along with frequent supply interruptions, have further added to their difficulties. K.N. Bhat, president of the housing society, said residents have repeatedly approached CIDCO seeking a permanent solution, but the problem continues. He said the society is now considering legal action if the water shortage is not resolved.
The crisis has made everyday household activities difficult for families, while some residents have also raised concerns about the quality and safety of tanker water. Residents said that while Dronagiri is developing rapidly and more families are moving into the area, the water infrastructure has not kept pace with the growing population.
They have urged CIDCO to strengthen the water-supply network and provide a reliable long-term solution so that families are not forced to depend on expensive tankers for a basic necessity.
Latest News
Walking Track Work Raises Concern Over Vashi Pond
Environmental group flags construction debris, while residents complain of dust and inconvenience.
The Pond
Ongoing work on the walking track near Mini Seashore in Vashi’s Sector 9A has raised concerns over the condition of a nearby holding pond. Environmentalists and local residents have alleged that construction debris is being dumped near the pond, adding to the pressure on an already troubled water body.
The pond has reportedly been facing issues such as algae growth, polluted water and foul odour. Earlier incidents of fish deaths had also raised concerns about the health of the pond’s ecosystem. Environmental organisation NatConnect Foundation has urged the Navi Mumbai Municipal Corporation (NMMC) to take immediate action and ensure that construction waste is disposed of properly. The organisation also stressed the need to make workers aware of the environmental impact of dumping debris near water bodies.
NMMC officials have assured that the matter will be inspected. Vashi ward officer Sukhdev Yedve said an engineer would visit the site and appropriate instructions would be given to the contractor regarding the disposal of construction material. Meanwhile, regular walkers have complained that the ongoing work is making their daily routine difficult. Excavation and removal of paver blocks have reportedly created dust, making walking uncomfortable for residents.
Residents said development work is welcome, but it should not come at the cost of the pond or the surrounding environment. They urged the civic authorities to complete the project carefully while protecting the water body and keeping the walking area safe and clean.
Latest News
New Play Equipment Installed at Seawoods Garden for Children
Sapna Gawde facilitates replacement of old and unsafe equipment at Dr Babasaheb Ambedkar Garden.
The Installation
Children in Seawoods Sector 42 now have a safer and more enjoyable space to play, with new playground equipment installed at Dr Babasaheb Ambedkar Garden in Nerul Ward No. 24. The old play equipment had been in poor condition for several years and had become unsafe for children. Residents had repeatedly raised concerns and requested that the damaged equipment be replaced.
Taking up the issue, local BJP corporator Advocate Sapna Gawde followed up with the Navi Mumbai Municipal Corporation (NMMC) through repeated correspondence and helped secure approval for installing new equipment.
The new facilities were inaugurated as part of Gawde’s birthday celebrations. In a special gesture, children themselves were invited to inaugurate the equipment, followed by a distribution of chocolates. The initiative brought visible excitement among the children and was appreciated by local residents.
Members of the Seawoods Residents Welfare Association thanked Gawde for ensuring that the old equipment, which was beyond repair, was replaced rather than merely repaired. Residents said the new playground could encourage children to spend more time outdoors and reduce their dependence on mobile phones. They also appealed to parents and children to use the equipment responsibly and help maintain the garden.
Sapna Gawde said that fulfilling the trust placed in her by residents remains her priority. She added that she would continue working to address civic concerns and improve facilities in the ward. She said the happiness of the children made the initiative one of the most meaningful parts of her birthday celebration.
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