MLA hits out against LDF, questions delay in arrest in Fashion Gold Investor scam
3 years, 10 months ago

MLA hits out against LDF, questions delay in arrest in Fashion Gold Investor scam

The Hindu  

Kamaruddin hitting out against the LDF government questioned the police delay in arresting Pookoya Thangal, another main accused in the Fashion Gold Investment scam and the managing director of the company. The government has appointed a special investigation team to probe the case. Mr. Kamaruddin who was in the Kannur Central jail in the case was granted bail by the Hosdurg First Class Judicial Magistrate Court in all 148 cases. He was arrested on November 7 by the Special Investigation Team, on charges that he cheated and failed to return the gold and cash deposited in Fashion Gold that was received under an agreement that a fixed amount of dividends would be paid each month for the money invested.

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