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Kozhikode police registered a case against five individuals, including political leaders, concerning alleged misappropriation of ₹1 crore from the 2018 National Senior Volleyball Championship.
Nishad was granted parole on December 26, citing his father's knee replacement surgery.
CPM accused Kunhikrishnan of acting against the party.
The PAC had observed that such delays allowed defaulters to take undue advantage and had recommended prompt, effective and time-bound action.
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