Renowned Pune-based builder Avinash Bhosale was arrested by the Central Bureau of Investigation (CBI) on Thursday. The CBI took this action in the Yes Bank-DHFL fraud case. He is accused of diverting embezzlement money. The case dates back to 2018, when billions of rupees were traded elsewhere between April and June of that year. Various bank accounts were used for this purpose. Avinash Bhosale is alleged to have diverted some of the money. On May 1, the CBI conducted a search operation in Pune and Mumbai.
The career of Avinash Bhosale, who has the ability to reach and improve leaders of all political parties, has been incredible. Avinash Bhosale’s journey from being a simple rickshaw puller to purchasing three self-propelled helicopters and a small rented room at Alishan Bungalow at the White House in Baner is astounding.
Avinash Bhosale, who has always been in the spotlight due to his connections to the construction business and political leaders, came to Pune from Sangamner town in Ahmednagar district in search of work. He decided to drive a rickshaw because he couldn’t find a job in Pune. He rented a house in the Rasta Peth area and started a rickshaw driving business. After establishing himself in the rickshaw business, Avinash Bhosale started renting rickshaws. That’s where his connections with people in the construction sector came from. He obtained small and large road construction contracts after coming into contact with some contractors in the state public works department. Later, through relatives, he began to take on larger contracts. However, during the Sena-BJP alliance, they really flourished.
The coalition government established the Krishna Valley Development Corporation. The purpose of establishing Mahamandal was to bring drought-prone parts of western Maharashtra under Olitha. Avinash Bhosale took contracts worth hundreds of crores through Mahamandal. His economic prosperity soared due to his ability to get close to the leaders of all political parties. The coalition government was followed by the Congress-NCP government in the state. He also aligned himself with the new rulers.
Despite spending crores of rupees on irrigation projects in the state, Bhosale’s wealth was increasing day by day. His Alishan White House bungalow in Baner and three helicopters were the talk of the town. The life of the famous Hollywood actress Angelina Jolie in the bungalow was the talk of the town. It’s no secret that many big city political leaders use their helicopters and helipads.