With the Lok Sabha elections around the corner, the multi-crore Karuvannur loan scam has come back to haunt the LDF. The CPI(M) has found itself in a tight spot with the Enforcement Directorate (ED) recording the statements of CPI(M) Thrissur district secretary M.M. Varghese, Thrissur Corporation councillor P.K. Shajan, and Ex-MP P.K. Biju.
The ED’s move was part of the second phase of its investigation into the loan scam. Mr. Varghese was questioned by the ED last November too.
