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Monday, Jul 14, 2025
He said the government should bring out an order to tap the depositor guarantee fund before the bank collapses.
What is the scam that has roiled up the CPM? Is it just another financial irregularity? What is the humanitarian cost of the fraud? Here's a lowdown.
Minister VN Vasavan said that strict action will be taken against co-operative societies over irregularities.
Protesters allege the society belongs to Shivakumar's benami.
Sugathan, a former governing body member of Karuvannur Bank, says the fraudsters and top leaders cheated him by placing the burden of the fraud on his head.
The Ernakulam CBI court passed the order while considering the ED's application for 3-day custody of PR Aravindakshan and CK Jills.
Though Wadakkanchery was Aravindakshan's primary area of work with regard to the party, he worked in the Kunnamkulam Assembly constituency when Moideen contested from there in 2016 and 2021.
The Enforcement Directorate has collected evidence that points to several people who carried out black money transactions, totalling Rs 500 crore.
Talking to the media on Tuesday, Akkara alleged that BJP national leader Arvind Menon was mediating to reach an agreement between the parties.
There were many scams the CM had to account for, most notably the 'pay for no work' received by his daughter Veena Vijayan, the AI-camera contract scandal and the loot in CPM-controlled cooperative banks.
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