A C Moideen appeared for questioning in the Karuvannur bank fraud

KOCHI: Former minister and CPM state committee member A C Moideen appeared at the ED office for questioning in the Karuvannur Cooperative Bank fraud case. Several other CPM leaders have also been summoned for questioning. Moideen spoke to the media before the questioning stating that he was present because the ED had called him.

ED has also summoned Thrissur Corporation Councillor and CPM leader Anoop David Kada and Vadakkancherry Municipal Standing Committee Chairman P R Aravindakshan for today's questioning. Both of them have been questioned by the ED previously. Anoop David maintained that he had no involvement in the scam.

Today, ED has requested A C Moideen to provide tax records and bank transaction records from the last ten years. He arrived at the ED office in Kochi accompanied by his lawyer. A C Moideen is related to Biju Karim, a former manager of Karuvannur Bank who is currently under investigation in the fraud case.

ED alleges that Moideen's benami entities obtained loans from Karuvannur Bank using forged documents, with Moideen's endorsement. The ED has previously claimed that the primary mastermind behind the fraud, Satish Kumar is the benami of Moideen and a former MP.

The benami loan fraud in Karuvannur Bank dates back to 2012. The ED had previously questioned Madhu Ambalapuram and Jijor, who were associates of Satish Kumar, the main accused in the case. ED has information that they acted as intermediaries in the fraud. Earlier, ED summoned them for questioning after searching the residence of A C Moideen and his benami associates. Additionally, it is indicated that the former MP will be summoned by the ED on Wednesday.