Karuvannur bank fraud: ED reiterates that Aravindakshan deposited Rs 63 lakhs in his mother's name

KOCHI: The Enforcement Directorate (ED) has reiterated in court that CPM leader PR Aravindakshan, who was arrested in the Karuvannur bank fraud case, had deposited Rs 63 lakh in the Peringandur Cooperative Bank in his mother's name. This was mentioned in the application filed seeking custody of Aravindakshan and CK Jills for re-interrogation.

The ED stated that it was the bank secretary who gave the information that Aravindakshan had deposited Rs 63 lakh in the name of his mother Chandramathi in Peringandur Bank. It also said that Aravindakshan had admitted this during interrogation. The agency also produced documents regarding the transaction of Rs 63 lakh. The bank had earlier denied the ED's finding that Arvindakshan had deposited money in his mother's name in Peringandur Bank. The ED told the special court in Ernakulam that its findings were correct.

The special court adjourned the plea seeking custody of Aravindakshan and Jills for interrogation to Monday.