"Ratnakar Gatte's sugar factory in Gangakhed, with the connivance of some banks, has duped farmers to the tune of more than Rs 650 crore. This whole scam should be investigated by the ED and the CBI," Munde told reporters here.
He alleged that the bosses of Gangakhed sugar factory with help from the banks disbursed loans in the names of farmers without their knowledge, rendering them ineligible for loans from other banks, not to mention the pocketing of such a large sum of money.