<h1>MLA named in chargesheet for alleged cooperative bank scam involving sugar mill auction manipulation</h1> A political party MP claimed that a party MLA was being politically targeted after being named in a chargesheet related to an alleged cooperative bank scam. The enforcement agency accused the MLA's company of purchasing a cooperative sugar mill through a questionable auction process in 2012, where the bank allegedly fixed low reserve prices and disqualified higher bidders on flimsy grounds. The MLA, who represents a constituency in the state assembly, denied wrongdoing and claimed political motivation behind the charges. The case stems from a 2019 police complaint alleging fraudulent sale of cooperative sugar mills by bank officers at below-market prices.