CPM loses financial institution struggle to Congress, face too

Express News Service

KOCHI: Outdone by MLA Mathew Kuzhalnadan’s quick transfer on day one, the CPM tried to meet up with Congress on Monday with its commerce union CITU claiming to have paid the debt of Ajesh whose minor daughters had been evicted and home sealed by the Muvattupuzha Urban Co-operative Bank for defaulting mortgage reimbursement. However, the Left celebration’s try of harm management fell flat after Ajesh declined CITU’s supply.

Kuzhalnadan, who broke open the lock of the home sealed by the financial institution, mentioned on Sunday that  he would repay the default quantity. On Monday, he handed over a letter to the CEO of the financial institution providing to settle the mortgage. He additionally requested the financial institution to inform him the quantity together with the principal, curiosity and penal fees to be paid to settle the mortgage.

The financial institution authorities advised the MLA that because the proceedings to connect the property have already began, the financial institution director board alone might take a choice on the difficulty. However  inside hours, CPM which controls the financial institution claimed that its commerce union members have paid the debt.

“The complete loan arrears of Ajesh in the Pezhakkappilly branch of Muvattupuzha Urban Co-operative Bank was paid by employees of the bank who are members Co-operative Employees Union (CITU). Greetings to dear comrades,” mentioned the financial institution president and CPM state committee member Gopi Kottamurickal mentioned in a Facebook put up.

However, Ajesh rejected the CITU’s supply. “It was the MLA who took the initiative to settle the loan amount. I’m not interested to receive the help of these people. I have not received any communication from the bank on the settlement of the loan so far. They called me only to inform me about the attachment,” Ajesh mentioned. 

Kuzhalnadan lauds CITU motion

Kuzhalnadan appreciated CITU, saying “I welcome the move of any outfit to help the poor family. However, my promise is there and I will not backtrack from it.” It was on Saturday midday the officers of the financial institution hooked up the property in Paipra panchayat after asking the dual sisters, who’re minors, to vacate their home.

Ajesh, their father, who was present process remedy for coronary heart ailment at a hospital, had defaulted on a sum of `1 lakh mortgage. The mom of the women was additionally on the hospital when the incident occurred. The incident drew flak from the locals who knowledgeable MLA that two Class 10 woman college students had no place to go. Kuzhalnadan, together with locals, broke open the lock and took the kids inside.

What occurred
It was on Saturday that officers of the financial institution hooked up the property after asking the dual sisters, who’re minors, to vacate their home. Ajesh, their father, who was present process remedy for coronary heart ailment at a hospital, had defaulted on a mortgage of Rs 1 lakh. Local residents knowledgeable MLA Mathew Kuzhalnadan of the
incident. Later, the MLA, together with the folks, broke open the lock and despatched the kids inside.

TURN OF EVENTS

MLA Mathew Kuzhalnadan fingers over a letter to the financial institution CEO, providing to settle the mortgage
He additionally requests the financial institution authorities to tell the quantity together with the principal, curiosity and penal fees to be paid to settle the mortgage
Bank tells MLA financial institution director board alone can take a choice on the difficulty
Within hours, CPM claims its commerce union members paid the debt