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Riteish Deshmukh, may be in trouble Riteish Deshmukh and Genelia D’Souza, ₹116 crore loan will be investigated – riteish deshmukh and genelia dsouza company under scanner for 116 crore rupees loan

Riteish Deshmukh and wife Genelia D’Souza may get into trouble with their company. Ritesh and Genelia run an agro-processing company in Latur and a probe has been ordered in that company. Maharashtra Minister Atul Save has said that the loan of Rs 116 crore given to Ritesh Deshmukh and Genelia’s company will be investigated. It will be probed whether the co-operative banks have committed any malpractice in giving loans to the couple’s company.

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Ritesh-Genelia’s company took the loan

A few days ago, some BJP leaders in Latur had alleged that cooperative banks had committed malpractice in giving loans to the company of Ritesh Deshmukh and Genelia D’Souza, ‘Desh Agro Private Limited’. It has been alleged that Ritesh-Genelia’s company got the plot of MIDC i.e. Maharashtra Industrial Corporation during MVA (Maha Vikas Aghadi).

Ritesh-Genelia’s company went wrong in giving loan?

It has been claimed that Ritesh and Genelia’s company applied for a loan at Pandharpur Urban Co-operative Bank on 4 October 2021. On October 27, he was approved for a loan of Rs 4 crore. After which the company applied for a loan of 61 crore rupees from Latur District Co-operative Bank. This application was also approved on 27 October. Subsequently, the couple’s company was sanctioned a loan of Rs 55 crore on 25 July 2022.

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What did Atul Save say?

Talking to a news agency, Minister Atul Save said, ‘BJP District President Gurunath Maghe had written a letter in this matter. But he had no knowledge about MIDC. That is why he ordered an investigation so that it can be known that there is no wrongdoing by the banks.

Ritesh is the son of the former Chief Minister of Maharashtra

It is worth mentioning that Ritesh Deshmukh is the son of former Maharashtra Chief Minister and late Congress leader Vilasrao Deshmukh. Ritesh’s elder brother MVA was a minister in the government and younger brother Dheeraj Deshmukh is an MLA from Latur (Rural) seat.

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