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Thursday, Jul 10, 2025
For the first ten days, those who invested between Rs 50,000 and Rs 1 lakh will be able to withdraw or renew while from November 11 the option will be available for deposits upto Rs 50,000.
The police have demanded that the banks close down the accounts within 7 days of receiving the request letter.
The petition stated that the court must intervene and stop the probe from spreading to the entire cooperative sector.
Sailakshmi came to know of the fraud in January 2019, when she got a revenue recovery notice from the bank for a loan taken by an unidentified person named Rajan.
ED's estimate of Rs 343 crore is based on the list of defaulters as of December 31, 2022, shared with the agency by the cooperative society's secretary in-charge Sreekala E S
Talking to the media on Sunday, Akkara said that a complaint regarding this has been submitted to the Director General of Police, Thrissur SP and Irinjalakuda SHO.
Kochi: The Enforcement Directorate (ED) said two sub-committees of the CPM intervened with the connivance of top party leaders, bypassing the governing body of the Karuvannur Co-operative Bank in Thrissur, causing a liability of Rs 344 crore to the bank. Benami loans worth Rs 188 crore given on
He said the government should bring out an order to tap the depositor guarantee fund before the bank collapses.
Two men, who siphoned off Rs 5 lakh from a Wayanad woman, were arrested and brought to Kerala.
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.
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