Ahmednagar | July 17 | Reporter
(Crime) “We’ve achieved 50% progress so far, but the work must go on to accomplish the rest,” said Rajendra Gandhi, former director of Nagar Urban Cooperative Bank and a key member of the Bank Rescue Committee, following his visit to the Enforcement Directorate’s (ED) Zone-II Office in Mumbai on July 16.
(Crime) Gandhi appeared before the ED for a detailed inquiry into the ₹291+ crore fraud case that has shaken the Nagar Urban Bank. The session, held from 11 AM to 9 PM, involved questioning by three senior ED officers.
(Crime) Speaking to the media, Gandhi said, “It was an intense 10-hour session, but I answered every question with clarity. Since my involvement with the bank dates back to 2008, I could recall every detail without needing paperwork. The truth gave me confidence.”
A photo taken outside the ED Mumbai office shows Gandhi standing calmly, underscoring his preparedness and transparency in the ongoing legal proceedings.
According to reports, the ED questioned him on various topics, including the proposal to make the bank a multi-state entity, the modus operandi of the accused, the crime and the measures Gandhi took to protect depositors’ funds. “The ED’s investigation techniques are highly scientific — lies are detected within seconds,” Gandhi remarked.
He concluded by calling for unity among all stakeholders: “I will soon convene a meeting of all depositors, legal experts, and well-wishers. Our collective effort will ensure final justice.”