No one has to invite Ed to investigate cooperative banks: Vasavan – News2IN
Thiruvananthapuram

No one has to invite Ed to investigate cooperative banks: Vasavan

Written by news2in

Thiruvananthapuram: The day after Pinarayi Vijayan’s minister criticized MLA KT Jalael for seeking Edge Ed into financial fraud at Malappuram Ar Nagar Cooperative Bank, Minister of Cooperation VN Vasavan here on Wednesday said the state government would not use government machines to settle personal scores to settle their opponents.
“We are now unable to say for sure about whether irregularities occur at Bank R Nagar or not.
The investigation report has not been received.
If there is a deviation at all in the bank’s function, the state government has a strong mechanism to act against such irregularities,” Vasavan said .
Jaleel had approached Ed, looking for action against Iuml leader P K Kunhalikty and his son Ashique for financial fraud with a tone of Rs 1,021 Cr using a cooperative bank as a cover.
The minister, who said he fully supported the opinion expressed by the minister’s chairman, added that the government could make decisions based on the achievement of the problem that came before.
“Only Jaleel can say what has happened between him and Ed.
The government has never used the machine to complete a personal score against anyone.
It will not allow anyone to abuse it,” Minister said.
Responding to the question, the minister said it was up to Jalael to check whether it was appropriate to increase such charges against cooperative banks when this sector was faced with rumors that extend to him.
The Department of Income Tax has searched for banks and they have been seeking joint registrants for search.
All assistance is given to income tax.
“Following the allegations that appeared in the Assembly, the government ordered an investigation.
However, Jalael did not bring the attention of the government, the accusation he submitted at a recent press conference.
The stand that invited Ed to conduct an investigation into the cooperative sector is not right.
CM has clarified the government standing Firmly.
I don’t have any more to be added, “Vasavan said.
The minister said the government is committed to act against all types of irregularities in the cooperative sector.
He showed the government’s actions at the Karuvannur cooperative bank as an example for government commitment.
In the case of AR Nagar Cooperative Bank, reports by the Joint Registrar will only be available after some time due to the allegations about transactions in a duration of 10 years.
“Based on the report, the action will be taken.
Further investigation will be carried out, if needed,” he added.

About the author

news2in