Thiruvananthapuram: more financial fraud than Rs 100 Crore at a cooperative bank controlled by CPM in Karuvannur in Thrissur shook the Assembly on Friday, when the opposition demanded that the government have to take action against CPM leadership that did not report the incident for legal action to know about fraud since 2018 .
Raised the problem while seeking leave for the delay movement, Mla Shafi Parambil said that this problem was very serious because some people had been cheated by a group of bank officials and board members, to cheat more than Rs 100 Crore.
Opposition leader V D Sathean said that since the fraud came out in 2018, the investigation was carried out at the party level, and the government had taken action to dissolve the Bank Administration Board only now, after the media reported the problem.
He said that even when the CPM region and district committees and former Parliamentarians P Biju investigated this problem, they all had realized large financial fraud flowing into Crores Rupees taken.
Deceive public money infidelity party, Satheani asked.
He said that bank fraud was not limited to what had come out but walked more than Rs 350 Crore, and recommendations for investigations of alertness were with the government where there were no actions taken.
At the same time, in another case from UDF-controlled cooperative bank, the investigation was conducted and after finding that there was a mismatch of Rs 2lakh, the Bank Administration Committee was immediately dissolved; This clearly shows the government’s attitude towards fraudsters in their own party, Satheani said.
The Minister of Cooperation and Registration V N Vasavan said that the government had taken all the necessary steps in this matter, including civil, criminal and departmental actions.
He said that cases have been registered with five bank officials, including the Secretary of Bank T Sunil, manager Biju Kareem and Senior Accountant Jils C K, and they have been suspended from services.
He said that irregularities in the tone of Rs 104.37 Crore have been found, and this case has been submitted to the crime branch and is now examined by the Thrissur unit from the agency.
He said that the government did not hide anything, and there were certain procedures to dissolve the Bank Administration Committee, and they were being processed.
The opposition carried out a walkout after speakers M B Rajesh refused to allow the movement of delays on the basis of the explanation by the government.