ED alleged that "five bank accounts were opened" in the name of CPI(M) to purchase land for party office and to collect party fund, levy, etc. "These accounts have been opened without obtaining any membership in the society, violating the Kerala Co-operative Societies Act and the byelaws of the bank," as per ED letter to ECI.
Senior CPI-M legislator and former Kerala Cooperation Minister A.C. Moideen, who is under the Enforcement Directorate (ED) scanner in the Karuvannur Service Cooperative Bank loan scam, on Tuesday said the agency is hounding him for political .
Kerala CPI-M Legislator Under ED Scanner To Take Legal Recourse menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The alleged siphoning of funds and corruption at the Karuvannur bank has put the spotlight on the perceived decay within the extensive cooperative banking sector in Kerala | Latest News India
Kerala: Man Dies Without Getting Money Deposited For Treatment From Karuvannur Bank menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.