Special Judge MG Deshpande adjourned the case until November 2 and extended the accused’s custody until then.
The Rajya Sabha member was arrested in July for his alleged role in the financial irregularities relating to the redevelopment of Patra Chawl in the Goregaon area of North Mumbai.
Last month, the Sena executive applied for bail with the Special Tribunal for the Prevention of Money Laundering Act (PMLA).
Opposing the bail plea, Additional Solicitor General Anil Singh had argued that the Sena chief and his aide Pravin Raut, a co-defendant in the case, could have received more proceeds of crime.
The investigative agency told the court that as of now, Sanjay Raut has received Rs 3.27 crore of the total proceeds of crime.
Singh reiterated ED’s claim that the Sena chief was working behind the scenes through his proxy Pravin Raut.
However, Raut’s lawyer, Ashok Mundargi, had argued that there was no evidence on file to suggest that the Rajya Sabha MP had been instrumental in granting favors to the Patra Chawl redevelopment project at any time.
The ED investigation relates to alleged financial irregularities in Patra Chawl’s redevelopment and related financial dealings involving his wife and associates.
Siddharth Nagar popularly known as Patra Chawl in the suburb of Goregaon spans 47 acres and is home to 672 tenant families.
In 2008, the Maharashtra Housing and Area Development Authority (MHADA) awarded a chawl redevelopment contract to Guru Ashish Construction Private Limited (GACPL), a sister company of HDIL (Housing Development and Infrastructure Ltd).
The GACPL was to build 672 housing units for the tenants and give some units to the MHADA. He was free to sell the remaining land to private developers.
According to the polling agency, tenants haven’t gotten a single apartment in the past 14 years as the company didn’t redevelop Patra Chawl but sold plots of land and floor space index (FSI) to other manufacturers for Rs 1,034 crore.