Binoy Kodiyeri. (inset) A copy of the complaint against him. New Delhi: Several questions remain unanswered even as reports emerged on an 'amiable settlement' being reached in the financial dealings involving Kerala CPM secretary Kodiyeri Balakrishnan's son Binoy Balakrishnan and a Middle East resident.
On Thursday, the CPM-controled People TV aired two reports on the sensational cheating case in which Binoy Kodiyeri is an accused. One was an interview with Hasan Ismaeel Abdulla Al Marzooqi, owner of the Dubai-based JAAS Tourism LLC, which accused Binoy of defaulting on loans worth crores of rupees, while the other was the revelation that the cheque case against him was settled out of court.
It was still unclear whether Binoy had to repay Rs 13 crore borrowed from the tour company to settle the case. Binoy had claimed that no money was involved in settling the case. But how he managed to settle the case out of court without repaying the money remains a grey area.
The interview
In a one-minute interview, Al Marzooqi says: “Cheque bounce cases are quite common in business. I didn’t go to Kerala to hold a press conference. I visit Kerala frequently. I love Kerala and Malayalis. There is no dispute between us. That too was a lie.”
In a brief introduction to the interview, the reporter says that he traveled to meet Al Marzooqi in person out of curiosity and to know his version of the story. As per the visuals, he then introduces himself to the UAE resident as a reporter working with People TV before asking him a couple of questions. “You have become a familiar name in Kerala, and people there want to know the truth,” the reporter tells him at the start of the interview.
However, it is evident that the reporter did not pose certain questions to Marzooqi. Here are some of those questions:
Questions
• Did he lodge a petition alleging that Binoy defrauded him of Rs 13 crore?
• Did he file a complaint with the CPM central leadership against Binoy?
• In the third week of January, did he directly approach the CPM leadership seeking its intervention in the issue?
• Who was with him when he met the CPM central leaders? Was it Rakhul Krishna, partner of the JAAS Tourism LLC?
• As he alleged in the complaint, did Binoy secure a loan of 3,13,200 UAE Dirhams to purchase an Audi A8 car (H 71597) from the bank with which his company has an account?
• As alleged in the complaint, did he lend 45 million UAE Dirhams to Binoy to expand his business operations in the UAE, India, Saudi Arabia and Nepal? Did Binoy give him an assurance that the money would be repaid by June 1, 2016? After lending the money, did Marzooqi try to know whether Binoy invested that money in his business ventures?
• Did the bank serve legal notices on JAAS Tourism LLC, owned by Marzooqi, after Binoy defaulted the repayment of loan secured for purchasing the Audi car? Apart from legal actions, did the bank seek 2.09 UAE Dirhams as compensation excluding interest and legal expenses?
• What was the basis of the allegation that Binoy fled the UAE before the expiry of the repayment deadline expired?
• Why did he allege that Binoy was a willful defaulter who fled without repaying huge amounts of money borrowed from several Dubai-based banks and individuals including him and Rakhul Krishna?
• Why did he allege that there were more than five criminal cases pending against Binoy in Dubai courts?
• Did he allege in the complaint that he decided to come to India to settle the issue legally or through any other means realizing that Binoy, who cheated many financial institutions and persons in Dubai, would not return to the UAE?
• Why did he allege in the complaint that Rakhul Krishna and his father had met Kodiyeri Balakrishnan in Thiruvananthapuram and the latter had promised them that the issue would be resolved amicably?
• In a letter written to the CPM central leadership, why did he mention that the Dubai public prosecution had proclaimed Binoy as a wilful defaulter in the UAE and had advised him to seek Interpol’s help to trace and apprehend the guilty.
• Did he request the CPM general secretary to act as an intermediary to help him get back Rs 13 crore? Did he submit the dishonored cheques and copies of bank documents pertaining to the closure of Binoy’s account along with the complaint to the CPM leadership? What was the assurance given to him by the leadership at the meeting held in Delhi in the third week of January?
The channel reporter who interviewed Marzooqi did not ask him any questions regarding the allegations raised by him against Binoy.
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