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The Hindu
The Hindu
National
The Hindu Bureau

CPI(M) maintained separate minutes for sanctioning illegal loans from Karuvannur bank, says ED

The Enforcement Directorate (ED) has stated that the parliamentary committee of the Communist Party of India (Marxist) in Thrissur has maintained separate minutes for the loans sanctioned from the Karuvannur Cooperative Bank.

The agency, which is probing the multi-crore scam at the bank, quoted the statements of Biju M.K., former manager of the bank, and Sunil Kumar, former secretary, saying that the policy matters and sanctioning of loans were controlled by the political subcommittee and the party parliamentary committee.

Leaders’ directives

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