Nitin Desai death: Govt will see if takeover of studio is possible, says Fadnavis | Mumbai News – Times of India

MUMBAI: BJP MLA Ashish Shelar on Thursday demanded the state government probe the role of Edelweiss ARC and chairman of the group Rashesh Shah in art director Nitin Desai’s death and alleged they were “modern moneylenders”. He said he had details of two other cases involving the company and was ready to hand these over to the home minister.

“Shelar has raised some concerns about the ARC. That angle will also be addressed in the probe. It will examine whether some other kind of pressure was being put on Desai by ARC to gain control of his studio. Was he being forced?” deputy CM Devendra Fadnavis said on Thursday announcing a probe. He added, “It will examine whether he was being cheated and charged a rate of interest that was beyond the norm.” He said Desai had mortgaged his studio and was trying to pay off his debts.
Fadnavis also said, “A Marathi manoos had set up the studio. We will examine the legal position and see if the state can refurbish the studio or take it over to set up something in Desai’s memory.”

Earlier, Shelar alleged, “This is not the first such case involving Rashesh Shah and his company… The probe should not be limited to the suicide but should also examine the role of Edelweiss ARC, their interest rate, their manner of functioning and recovering loans. There is a fear that the common man will go towards suicide,” Shelar said. He added, “I am speaking specifically about Rashesh Shah and this company. I have details of two other cases… A special team should be formed, if possible.” He said the probe was already examining an audio clip of a conversation between Desai and the company’s manager.
Congress’ Ashok Chavan supported the demand for a probe and said government should take over the studio “to pay homage to Desai.” “We should not allow the studio to be auctioned,” he said.
In the council, BJP’s Pravin Darekar demanded an investigation. He said, “About 3 months ago, he (Desai) had come to meet me at Vidhan Bhavan. He had taken a loan of Rs 150 crore. We held 2-3 meetings at our Mumbai Bank, but his account was already NPA. We could have helped him if it was a matter of Rs 10-15 crore and could have earned the blessing of having saved his life, but it was not to be. This regret will be with me,” he said. Darekar said Desai had even met PM Modi and home minister Amit Shah and thereafter had got a huge contract in Rajasthan. “But the process for seizure had started and this Marathi manoos was disheartened,” he said. He said he took Desai to CM Eknath Shinde and helped him get temporary relief for three months. But thereafter, there was pressure from ARC; Desai had been served notice for confiscation of the studio. “For someone who had risen from poverty, the thought that it (studio) could be seized had caused him restlessness. I had been trying to help him, met him a couple of times to find a way out, but for nearly 1-2 months I was not in touch with him and thought he had found a way out. The other day when I switched on the TV, I saw the news and I was stunned. The government must take over N D Studio and develop it further on the lines of Ramoji Studio. It should provide a platform for Marathi, Hindi artistes,” he said.