The Enforcement Directorate (ED) has interrogated M K Kannan, a state committee member of the CPI(M), for his involvement in a Rs 150 crore scam at the Karuvannur Cooperative Bank. Kannan, who is also the State Vice-President of the Kerala Bank, denied reports of ill health and stated that his interaction with the officials was smooth.
Arivandakshan s arrest is the first of a political person in the alleged scam in which several political functionaries of the CPM are under scanner, they said.
Arivandakshan s arrest is the first of a political person in the alleged scam in which several political functionaries of the CPM are under scanner. The probe in the alleged fraud, beginning in 2010, in the Thrissur-based bank stems from 16 FIRs registered by the Kerala Police (crime branch) in Thrissur.