August 21st 2023.
Thane's former NCP MLA, Ramesh Kadam, was released on bail from Thane Central Jail on Sunday, August 19 after serving a sentence of almost eight years in connection with the Annabhau Sathe Economic Development Corporation's Rs 312 crore scam. His release was met with a warm welcome from NCP activists and his supporters, who gathered outside the jail from various places in Mumbai, Thane, and Solapur.
Kadam, upon his release, left for his residence in Borivali. He spoke to the media about the situation in Mohol, the constituency in which he had contested as an independent candidate in 2014 and 2019. He said that he will take the opinions of the workers and the voter's trends into consideration before deciding which group to join.
Kadam also addressed the allegations of corruption in the case. He said that the money from the Economic Development Corporation was distributed in the form of loan and that the court had granted him bail after examining the allegations.
The former MLA concluded by stating that he would be visiting Mohol in the next fifteen days to get an update on the political situation and make a decision about the next step.
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