KOCHI: The Enforcement Directorate probing the Karuvannur Service Co-operative Bank money-laundering case found that bogus loans were sanctioned at the behest of CPM Thrissur District Committee. The investigation also found that five cents of land purchased for the construction of CPM office at Porathissery was from proceeds of crime linked to Karuvannur bank. These included five cents of land purchased …
The Enforcement Directorate on Wednesday filed its first charge sheet against 55 accused entities as part of its money laundering probe linked to the Karuvannur Service Cooperative Bank of Kerala, official sources said. The prosecution complaint, filed under various sections of the Prevention of Money Laundering Act, contains more than 10,000 pages including relied upon documents and other annexures appended …
