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The Latest Breaking News from Kandala Service Cooperative Bank

Kandala bank scam accused Bhasurangan’s bail pleas dismissed

The bail pleas of accused in Kandala Service Cooperative Bank scam dismissed; court allows digital complaint copies.

The Hindu · Jan 29, 2024

Top Kerala News developments today

PMLA Court to consider bail plea of prime accused in Kandala Service Cooperative Bank scam; dairy farmers to march to border; K. Raju to inaugurate History Congress; Shashi Tharoor to open Open Forum; Nava Kerala Sadas in Thrissur; district school arts festivals in Thiruvananthapuram, Kozhikode & Kannur; Admiral's Cup sailing…

The Hindu · Dec 5, 2023

Kandala bank scam accused Bhasurangan suffers heart attack

Kochin: Bhasurangan, accused in Kandala Service Cooperative Bank fraud case, suffered heart attack in jail. Admitted to Ernakulam General Hospital on Saturday after complaining of chest pain. Counsel raised issue of ill-health in Special Court considering Prevention of Money Laundering Act case.

The Hindu · Nov 26, 2023

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CPI expels Bhasurangan after ED detains him for coop. fraud

CPI expels former Kandala Service Cooperative Bank president N. Bhasurangan from primary membership after ED detains him for questioning on money laundering charges. CPI distances itself from leader, removes him from post of administrative convenor, MILMA. BJP terms CPI's action a "face-saving exercise" and alleges minister & party apparatchiks profited…

The Hindu · Nov 9, 2023

CPI expels former Kandala bank president Bhasurangan as ED detains him for questioning on money-laundering charges

CPI expels former Kandala Service Cooperative Bank president N. Bhasurangan after ED detains him for questioning on fraud-related money laundering charges. CPI demoted him earlier due to audit findings of ₹101 crore assets depreciation. CPI's action in stark contrast to CPI(M) protecting its members in similar Karuvannur Service Cooperative Bank…

The Hindu · Nov 9, 2023

ED raid at Kandala bank puts CPI and LDF on the defence

An Enforcement Directorate (ED) raid on the Communist Party of India-controlled Kandala Service Cooperative Bank has put the ruling Left Democratic Front (LDF) further on the defence.

The Hindu · Nov 8, 2023

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