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THE TRUTH ABOUT: Karuvannur | History Defined

Can consider compensating Karuvannur depositors using property of scam accused: ED

ED informs Special Court on Karuvannur Bank scam, depositors' claims over attached property considered during trial. BJP raises issue in polls.

The Hindu

Karuvannur loan scam comes to haunt the LDF again

The Hindu

Legal and political battle looms ahead for CPI(M) as ED pivots to target more leaders in Karuvannur case

CPI(M) leaders face legal battle as ED implicates them in multi-crore Karuvannur Cooperative Bank scam.

The Hindu

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Karuvannur bank case: CPI(M) Thrissur district secretary appears before ED

M.M. Varghese, CPI(M) district secretary, summoned by ED in connection with Karuvannur Service Cooperative Bank loan scam. ED had earlier arrested K.P. Aravindakshan, P. Satheeshkumar and others in the case. Special Court allowed ED to provide soft copies of case documents to accused. Case booked under Prevention of Money Laundering…

The Hindu

Karuvannur depositors can withdraw money from Nov. 1

Thrissur Karuvannur Service Co-op Bank depositors can withdraw up to ₹1 lakh from Nov 1. Savings accounts holders can withdraw up to ₹50,000 from Nov 20. Fixed deposits above ₹1 lakh can be withdrawn partially with interest from Dec 1. Relief package funded by consortium of primary co-op banks, Co-op…

The Hindu

Karuvannur Service Co-operative Bank scam | Depositors in dire straits

The multi-crore loan scam at Karuvannur Service Cooperative Bank in Kerala’s Thrissur district may have a ripple effect on other institutions working with community-owned and controlled assets, finds Mini Muringatheri

The Hindu

Karuvannur cooperative bank case: ED questions more officials

UBCO MD Haridasan Nambiar, four employees of the Karuvannur Cooperative Bank and Madhu Ambalapuram, councillor, Wadakkanchery municipality are among those being questioned by officials of the Directorate of Enforcement (ED) in Kochi in connection with the Karuvannur cooperative bank case

The Hindu

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Karuvannur bank scam casts Thrissur LS constituency at the centre of a high-stakes CPI(M)-BJP political battle

In Thrissur, the Karuvannur Cooperative Bank scam has become a major political issue ahead of the 2024 Lok Sabha polls. BJP's Suresh Gopi has increased the party's vote share in the district, and CPI(M) is on the offensive, accusing BJP of using ED to further Gopi's candidacy. BJP's K. Surendran…

The Hindu

CM fooling people that their investments are safe with Karuvannur bank: Satheesan

Congress party was apprehensive about the outcome of the case, says Opposition leader; he also wants the government to do everything to give back depositors the life savings that they had lost

The Hindu

Karuvannur rally not politically motivated: Suresh Gopi

He refutes CPI(M)’s argument that the rally was planned by the BJP to launch Mr. Gopi in Thrissur as candidate for the coming Lok Sabha election

The Hindu

As polls approach, coop. bank scam may impact parties’ fortunes

The Enforcement Directorate (ED) investigation into the money laundering aspect of the Karuvannur Service Cooperative Bank scam will have a bearing on the Communist Party of India (Marxist) [CPI(M)], the Congress, and the Bharatiya Janata Party (BJP), especially in the Thrissur parliamentary constituency, and perhaps wider, as the Lok Sabha…

The Hindu

Karuvannur bank scam: CPI(M) steps up troubleshooting measures

The CPI(M) leadership on Friday stepped up its troubleshooting efforts to contain the fallout of the Karuvannur Service Cooperative Bank scam.

The Hindu

ED questions CPI(M) leader M.K. Kannan in connection with Karuvannur bank scam

ED interrogates CPI(M) leader K.K. Kannan in Karuvannur bank fraud case. Suspects bogus loans issued from Thrissur Service Cooperative Bank. ED had earlier arrested two persons, questioned former State Minister A.C. Moideen. CPI(M) leaders face allegations of financial frauds, CM assures safety of deposits. ED accused of coercion, torture &…

The Hindu

CPI(M) trying to negotiate with BJP in Karuvannur scam, alleges Hassan

UDF convenor Hassan says CPI(M) statement on Karuvannur scam indicates possibility of negotiation with BJP. UDF to take out rallies, stage secretariat protest demanding CM's resignation over LDF's gross corruption.

The Hindu

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The Hindu

CPI(M) has destroyed public trust in cooperative movement in Kerala, says Satheesan

Opposition Leader Satheesan accuses CPI(M) of shielding ₹500 crore loan scamsters at Karuvannur Service Cooperative Bank. Speaker Shamseer calls it a "blot" on cooperative sector. UDF to intensify agitation, demands govt. compensation for victims.

The Hindu

BJP-CPI(M) pact delays Moideen’s arrest, alleges Thrissur DCC president

Jose Vallur alleges arrest of former Minister & Kunnamkulam MLA A.C. Moideen delayed due to understanding between CPI(M) & BJP. ED conducted raid in connection with Karuvannur loan scam. Vallur claims CPI(M) leaders laundered black money through Satheesh Kumar's account. Congress to lead 'save cooperative sector' protest to cleanse sector…

The Hindu

ED raid on Ayyanthole bank ends on Tuesday morning

ED raids on Ayyanthole & Thrissur Service Co-op Banks conclude. ED examined accounts of Satheesh Kumar, his relatives & 'benamis' in Ayyanthole Bank. ED took details of 5,000-odd accounts in Thrissur Bank. Reports of more people to be questioned in Karuvannur Bank loan scam. A.C. Moideen informed ED of his…

The Hindu

Karuvannur loan scam: ED raids at Ayyanthole, Thrissur cooperative banks

ED raids Ayyanthole, Thrissur Service Cooperative Banks in Karuvannur loan scam. Satheesh Kumar laundered ₹40 crore in Ayyanthole Cooperative Bank. Accounts frozen. Thrissur Cooperative Bank raid held in presence of CPI(M) leader M.K. Kannan, its president and Kerala Bank VP.

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The Hindu

KPCC claims large-scale shift of disenchanted LDF votes to UDF in Puthuppally

KPCC sees UDF win in 2024 LS polls, cites “tectonic shift” in LDF votes to UDF in Puthuppally byelection. KPCC believes Pinarayi Vijayan’s “disdainful silence” on corruption scandals, “contempt” for rule of law, and “relatives in corrupt deals” turned off LDF voters. UDF to focus on Karuvannur cooperative bank corruption,…

The Hindu

Bank scam | Former Kerala Minister A.C. Moideen appears before ED

The CPI (M ) State committee member and former State Minister A. C. Moideen appeared before the Directorate of Enforcement (ED) officials at Kochi on Monday in connection with the Karuvannur cooperative bank scam. He had skipped the two summonses issued by the agency earlier to question him. The investigation…

The Hindu

ED to question Moideen, 3 others in Karuvannur bank loan scam

ED to question former Minister A.C. Moideen in connection with ₹150 cr Karuvannur Service Cooperative Bank loan scam. Notice issued to Moideen, 3 alleged benamis to appear before ED on Aug 31. 22-hr raid conducted at Moideen's residence. Bank deposits & fixed deposits of Moideen & wife frozen to tune…

The Hindu

ED freezes Moideen’s bank accounts

The Enforcement Directorate (ED) that raided the residence and office of former Minister and Communist Party of India (Marxist) MLA A.C. Moideen in connection with the multi-crore loan scam at Karuvannur Service Cooperative Bank took steps to freeze his two bank accounts on Wednesday. It is reported that these accounts have…

The Hindu

Moideen, benamis siphoned off ₹29 cr. in Karuvannur bank scam, alleges Anil Akkara

Levelling serious allegations against former Minister and Communist Party of India (Marxist) MLA A.C. Moideen, Congress leader and former MLA Anil Akkara on Wednesday alleged that Mr. Moideen and his benamis had swindled off ₹29 crore in the multi-crore Karuvannur Service Cooperative Bank loan scam.

Dynamite News

Kerala: ED raid at houses of Karuvannur bank fraud accused

According to ED, that searches were conducted simultaneously at the residences of all the five accused in this district. Read more on Dynamite News:

The Hindu

Congress seeks CBI probe into Karuvannur bank scam

Promises to back Govt.’s efforts to protect the cooperative sector

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