By Express News Service
KOCHI: The Enforcement Directorate (ED), which is probing the cash laundering side within the Karuvanur Service Cooperative Bank mortgage rip-off, took CPM chief and Wadakkancherry municipal well being standing committee chairman Aravindakshan PR into custody on Tuesday. Aravindakshan was taken into custody from Thrissur and delivered to the ED workplace in Kochi.
Aravindakshan, 57, is a resident of Parlikkad in Wadakkancherry. He is the CPM Athani native committee member. Aravindakshan can also be a detailed aide of former minister and CPM MLA AC Moideen.
According to the ED, Aravindkshan was related to prime accused and cash lender Satheeskumar who took loans from Karuvanur financial institution utilizing benami debtors. It was Aravindakshan who intermediated for Satheeshkumar to accumulate paperwork of debtors mortgaged at Karuvanur Bank for receiving the mortgage. In the report filed earlier than the PMLA Special courtroom in Kochi earlier, the ED had said that Satheeshkumar was aided by Aravindakshan and one other CPM Wadakkancherry counsellor named Madhu within the cash lending enterprise price round Rs 500 crore.
“The loan defaulters were threatened by Satheeshkumar’s goons and such acts have been intermediated by Aravindakshan and Madhu, both members of the CPM party,” said the report.
Karuvanur Service Cooperative Bank supervisor Biju MK additionally gave an announcement to the ED in opposition to Aravindakshan. Biju MK deposed that he and his household had been threatened by Aravindakshan and Madhu for depositing Rs 50 lakh of their identify as a hard and fast deposit from the mortgage disbursed in money to Satheeshkumar. The ED suspect that Aravindakshan is the hyperlink man between Satheeshkumar and AC Moideen.
The ED had interrogated Aravindakshan a number of instances as a part of the probe. Last week, Aravindakshan filed a grievance at Ernakulam Central Police Station that he was tortured by ED officers throughout the interrogation. Even although police carried out a preliminary probe into the grievance, a case isn’t but registered.
KOCHI: The Enforcement Directorate (ED), which is probing the cash laundering side within the Karuvanur Service Cooperative Bank mortgage rip-off, took CPM chief and Wadakkancherry municipal well being standing committee chairman Aravindakshan PR into custody on Tuesday. Aravindakshan was taken into custody from Thrissur and delivered to the ED workplace in Kochi.
Aravindakshan, 57, is a resident of Parlikkad in Wadakkancherry. He is the CPM Athani native committee member. Aravindakshan can also be a detailed aide of former minister and CPM MLA AC Moideen.
According to the ED, Aravindkshan was related to prime accused and cash lender Satheeskumar who took loans from Karuvanur financial institution utilizing benami debtors. It was Aravindakshan who intermediated for Satheeshkumar to accumulate paperwork of debtors mortgaged at Karuvanur Bank for receiving the mortgage. In the report filed earlier than the PMLA Special courtroom in Kochi earlier, the ED had said that Satheeshkumar was aided by Aravindakshan and one other CPM Wadakkancherry counsellor named Madhu within the cash lending enterprise price round Rs 500 crore.googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2’); );
“The loan defaulters were threatened by Satheeshkumar’s goons and such acts have been intermediated by Aravindakshan and Madhu, both members of the CPM party,” said the report.
Karuvanur Service Cooperative Bank supervisor Biju MK additionally gave an announcement to the ED in opposition to Aravindakshan. Biju MK deposed that he and his household had been threatened by Aravindakshan and Madhu for depositing Rs 50 lakh of their identify as a hard and fast deposit from the mortgage disbursed in money to Satheeshkumar. The ED suspect that Aravindakshan is the hyperlink man between Satheeshkumar and AC Moideen.
The ED had interrogated Aravindakshan a number of instances as a part of the probe. Last week, Aravindakshan filed a grievance at Ernakulam Central Police Station that he was tortured by ED officers throughout the interrogation. Even although police carried out a preliminary probe into the grievance, a case isn’t but registered.