A case was registered against 76 Persons, including a former MLA, for alleged irregularities to the tune of Rs 512.54 crore in the Karnala Nagari Sahakari Bank headquartered in Panvel in neighbouring Raigad district, Navi Mumbai police said on Tuesday.
Former PWP MLA from Panvel Vivekanand Shankar Patil is the chairman of the cooperative bank and he has been named as an accused along with the vice-chairman, chief executive officer and several others who had obtained loans from the institution, an official said. A press release from Navi Mumbai police said a case was registered for criminal breach of trust.