KALPETTA: The Enforcement Directorate (ED) has arrested Sajeevan Kollappally, the main accused in the Pulppally Cooperative Bank loan fraud case. Sajeevan, who was taken into custody from his home yesterday, was produced in the court in Kozhikode and taken into ED custody.
Sajeevan was the mastermind in the bank loan fraud case. Sajeevan, who was in hiding, was arrested by the police two months ago during a vehicle inspection in Sultan Bathery. Following this, he served a jail term and later got released on bail. He is the first accused in the loan fraud case.