"Devidas Pingale was arrested today in connection with suspicious transaction of the (seized) unaccounted for cash," said Panjabrao Ugale, Superintendent of Police (ACB) and Additional SP, Prashant Deshpande, who is the investigation officer (IO) of the case.
The NCP leader was arrested after ACB sleuths questioned him for over two hours in the agency's office, the officer added.
The trio had told police the cash was the dearness allowance (DA) and the difference in dues meant for APMC employees.
Meanwhile, one of APMC directors Shivajirao Chumbhale and some employees lodged a complaint against Pingale in connection with the seizure.
"An enquiry was underway since then by the ACB," Ugale said.
Pingale had represented Nashik constituency during 2004-09. He was succeeded by Sameer Bhujbal, nephew of NCP stalwart Chhagan Bhujbal, who is currently in jail in Mumbai along with his uncle in connection with the money laundering cases against them.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app