Crucial move in Karuvannur bank fraud case, two people will turn approvers; more details regarding CPM intervention will come out, says ED

KOCHI: The Enforcement Directorate has taken a crucial step in the Karuvannur Cooperative Bank fraud case. Former bank secretary Sunil Kumar and manager Biju Karim, two of the accused in the case, will turn approvers. The ED had earlier submitted an application to turn the two as approvers. Both Sunil Kumar and Biju Karim submitted an affidavit in the Ernakulam Special Court stating that they were willing to become approvers in the case. The court, which considered the application, adjourned the case to December 21.

Sunil Kumar is the 33rd accused in the case, while Biju Karim is the 34th accused. ED believes that the two can provide more crucial information about CPM's intervention in the Karuvannur fraud. The affidavit stated that both Sunil Kumar and Biju are voluntarily willing to become approvers. The court should take a decision in this matter. Both of them were produced in the court on Saturday.

KA Jijor, one of the main witnesses in the case, had given a statement to the ED against former minister AC Moideen, MK Kannan and Congress District Committee Secretary Rajendran Arangathu in connection with the Karuvannur fraud. Sunil and Biju also gave confidential statements substantiating these statements. ED had submitted a copy of this confidential statement recorded before the Magistrate in the Special Court.