NCP MLA Ramesh Kadam, accused in a scam related to the Annabhau Sathe Corporation, was today remanded in police custody till April 7, while two other accused were sent in judicial custody by a court here.
State CID today produced Kadam before the judge V S Deshpande with regard to a case registered here.
District government pleader Vipul Deshpande said Rs 8 crore of Corporation's funds were misappropriated during April 1, 2014 to March 31, 2015.
Kadam was chairman of the corporation during the relevant period.