The Latest Breaking News from Karuvannur Service Cooperative Bank

M.M. Varghese, CPI(M) district secretary, summoned by ED in connection with Karuvannur Service Cooperative Bank loan scam. ED had earlier arrested K.P. Aravindakshan, P. Satheeshkumar and others in the case. Special Court allowed ED to provide soft copies of case documents to accused. Case booked under Prevention of Money Laundering…

Special Court allows ED to provide soft copies of Karuvannur Service Cooperative Bank loan scam case documents to accused. Court directs pen drives to be of good quality, sealed in tamper-proof envelope and accompanied by digital signature. ED requests CPI(M) Thrissur district secretary to appear for interrogation.

KPCC seeks to isolate CPI(M) over Karuvannur Service Cooperative Bank scam, galvanising angry depositors. Congress to put CPI(M)'s "shenanigans" in ruling party-run cooperative banks to public trial in 140 constituencies. Allegations include misuse of low-interest credit institutions, disbursal of unsecured loans, rigging auctions, tinkering with interest rates, overvaluing assets, nepotism.…

He refutes CPI(M)’s argument that the rally was planned by the BJP to launch Mr. Gopi in Thrissur as candidate for the coming Lok Sabha election

The Enforcement Directorate (ED) investigation into the money laundering aspect of the Karuvannur Service Cooperative Bank scam will have a bearing on the Communist Party of India (Marxist) [CPI(M)], the Congress, and the Bharatiya Janata Party (BJP), especially in the Thrissur parliamentary constituency, and perhaps wider, as the Lok Sabha…

The CPI(M) leadership on Friday stepped up its troubleshooting efforts to contain the fallout of the Karuvannur Service Cooperative Bank scam.

Opposition Leader Satheesan accuses CPI(M) of shielding ₹500 crore loan scamsters at Karuvannur Service Cooperative Bank. Speaker Shamseer calls it a "blot" on cooperative sector. UDF to intensify agitation, demands govt. compensation for victims.

P.K. Biju, former CPI(M) MP, refuted allegations of involvement in Karuvannur Service Cooperative Bank scam by Anil Akkara, former Congress MLA. Biju challenged Akkara to produce evidence and said allegations were politically motivated. He denied Akkara's claim of being part of CPI(M) panel that inquired into the scam.

ED issues fresh notice to former Minister A.C Moideen to appear at its Kochi office for interrogation in connection with the Karuvannur Cooperative Bank scam. ED had earlier sought his presence on Aug 31 & had raided his house & frozen his bank accounts & FDs. Investigation agency had questioned…