Thrissur: The Enforcement Directorate (ED) officials have asked M V Suresh, the complainant in the Karuvannur Cooperative Bank scam, to appear before them on Monday. Suresh said that the ED officials contacted him over phone and have asked him to appear before them at their Kochi office.
Suresh, who hails from Porathissery, was with the CPM earlier and was an employee of the bank. However, when he started raising the alleged malpractices at the bank, he was expelled from CPM. He lost his job allegedly after the management implicated “in a false case”. Subsequently, he joined BJP.
Suresh filed a petition in the high court demanding probes by central agencies like CBI and ED. But the state government opposed this petition saying the case is being probed by a special investigation team (SIT) of the crime branch, and the case remains pending.
Meanwhile, ED officials had conducted raids at the offices of the bank, as well as at the residences of five people, who were associated with the bank when the alleged illegal dealings were carried out, in August last.
The ED officials had also questioned the suspended CPM leader C K Chandran, who was assigned by the party to supervise the affairs of the bank. Chandran’s wife was then an employee of the bank. Chandran was questioned by ED officials in Kochi on Thursday.
Probes by the officials of the cooperative department earlier had indicated that the CPM-ruled bank had incurred a loss of over Rs 100 crore in the fraud.
But according...
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