Karuvannur cooperative bank

Karuvannur Cooperative Bank scam: Crime Branch arrest four former board members

The board of the bank was dissolved by the cooperative registrar after it was found that the bank employees have availed multiple loans by misusing the documents pledged by customer to avail loans.

published on : 13th September 2021

ED registers case against six in Karuvannur bank loan fraud case

Will summon the accused persons for detailed interrogation from next week 

published on : 8th August 2021

CPM district secy knew of Karuvannur bank fraud in 2019 itself: Local committee member

The local committee member also revealed that former president of director board K K Divakaran’s claim that he came to know of the fraud only four months ago was a total lie.

published on : 27th July 2021

Karuvannur Bank fraud: BJP offers to help bank customers in legal fight

A proper investigation into these cheating activities by a state agency will be a mockery.

published on : 27th July 2021

Kuzhalmannam Block Rural Credit Cooperative under lens for Rs 4.85-crore fraud

The assistant registrar of cooperative societies who investigated the complaints of depositors detected fraud to the tune of Rs 4.85 crore.

published on : 26th July 2021

Crime branch raids houses of accused in Karuvannur bank scam

A fraud to the tune of Rs 300 crore involving its employees and local CPM leaders was detected in the cooperative bank last week.

published on : 25th July 2021

Recovery notices terrify loan fraud victims in Karuvannur bank

The fire on the funeral pyre of T M Mukundan has died down, but the embers of despair and pain are still alive in the minds of his dear ones.

published on : 25th July 2021

Karuvannur Co-op Bank scam: Borrower found dead after getting Rs 80 lakh recovery notice

Mukundan's relatives alleged that he had taken only Rs 25 lakh as loan, but the notice issued by the bank asked him to pay Rs 80 lakh

published on : 22nd July 2021