Karuvannur financial institution fraud: ED raises concern in court docket on jail change of CPM chief

By Express News Service

KOCHI: Enforcement Directorate (ED) on Tuesday raised considerations at PMLA court docket in Kochi relating to the shifting of CPM chief P R Aravindakshan, accused within the Karuvannur financial institution cash laundering case, from Ernakulam Sub-Jail to District Jail, Kakkanad. 

ED additionally filed a petition on the court docket requesting the court docket to hunt an evidence from the jail division relating to the uninformed jail change.

The PMLA Court had remanded Aravindakshan and former accountant of Karuvannur Service Cooperative Bank, C Okay Jils, to Ernakulam Sub-Jail final week. 

However, with out informing the court docket or the investigation company, each have been shifted to the District Jail. ED particular prosecutor, Santhosh M Jose, raised the difficulty when the court docket was contemplating the case on Tuesday. 
Santhosh submitted that ED has apprehensions over lodging Aravindaskhan together with prime accused Satheeshkumar P. He submitted that the transfer will affect the investigation as Aravindakshan has shut hyperlinks with Satheeshkumar. ED desires Satheeshkumar and Aravindakshan to be lodged at totally different jails. 

Following this, the court docket directed ED to file a petition on this which shall be thought of on Wednesday. The court docket will even hear jail division’s model on this regard earlier than looking for a report into the matter. ED shall be submitting an utility within the court docket looking for the custody of Aravindakshan once more. He was earlier questioned in ED custody for a day. The court docket additionally prolonged the remand interval of prime accused Satheeshkumar, and Kiran P P until October 17.

Meanwhile, ED questioned former SP M Okay Antony, former DySP Famous Varghese and Thrissur-based businessman Anil Kumar who swindled round Rs 18.5 crore from Karuvannur Service Cooperative Bank. 

ED investigation revealed that Antony had monetary transactions with Satheeshkumar. Satheeshkumar had borrowed cash from Antony and paid curiosity to the latter. Famous Varghese had mediated to settle a monetary dispute between Satheeshkumar and Kiran. ED suspects that Famous Varghese obtained a fee for settling the dispute.  They have been questioned by ED final week. Anil Kumar who obtained a mortgage of Rs 18.5 crore was additionally questioned by ED a number of instances.

KOCHI: Enforcement Directorate (ED) on Tuesday raised considerations at PMLA court docket in Kochi relating to the shifting of CPM chief P R Aravindakshan, accused within the Karuvannur financial institution cash laundering case, from Ernakulam Sub-Jail to District Jail, Kakkanad. 

ED additionally filed a petition on the court docket requesting the court docket to hunt an evidence from the jail division relating to the uninformed jail change.

The PMLA Court had remanded Aravindakshan and former accountant of Karuvannur Service Cooperative Bank, C Okay Jils, to Ernakulam Sub-Jail final week. googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2’); );

However, with out informing the court docket or the investigation company, each have been shifted to the District Jail. ED particular prosecutor, Santhosh M Jose, raised the difficulty when the court docket was contemplating the case on Tuesday. 
Santhosh submitted that ED has apprehensions over lodging Aravindaskhan together with prime accused Satheeshkumar P. He submitted that the transfer will affect the investigation as Aravindakshan has shut hyperlinks with Satheeshkumar. ED desires Satheeshkumar and Aravindakshan to be lodged at totally different jails. 

Following this, the court docket directed ED to file a petition on this which shall be thought of on Wednesday. The court docket will even hear jail division’s model on this regard earlier than looking for a report into the matter. ED shall be submitting an utility within the court docket looking for the custody of Aravindakshan once more. He was earlier questioned in ED custody for a day. The court docket additionally prolonged the remand interval of prime accused Satheeshkumar, and Kiran P P until October 17.

Meanwhile, ED questioned former SP M Okay Antony, former DySP Famous Varghese and Thrissur-based businessman Anil Kumar who swindled round Rs 18.5 crore from Karuvannur Service Cooperative Bank. 

ED investigation revealed that Antony had monetary transactions with Satheeshkumar. Satheeshkumar had borrowed cash from Antony and paid curiosity to the latter. Famous Varghese had mediated to settle a monetary dispute between Satheeshkumar and Kiran. ED suspects that Famous Varghese obtained a fee for settling the dispute.  They have been questioned by ED final week. Anil Kumar who obtained a mortgage of Rs 18.5 crore was additionally questioned by ED a number of instances.