The Directorate of Enforcement (ED) has informed the Special Court considering the Karuvannur Service Cooperative Bank scam that the claims of the depositors over the property of accused that were attached by the agency could be considered.
The ED filed a counter-affidavit in a petition filed by one Mahadevan, who had deposited Rs. 33.27 lakh in the bank. The petitioner informed the court that he could not withdraw the deposited money as the bank had collapsed due to the act of the accused.
The BJP has pitch-forked the Karuvannur issue during its run-up to the April 26 polls with the Prime Minister Narendra Modi referring to it more than one during his campaign meetings. Mr. Modi had repeatedly flagged the issue during the recent public meetings in the State, especially in Thrissur, the district where the bank is located.
