SignIn
Kerala Kaumudi Online
Wednesday, 25 November 2020 8.52 AM IST

Unitac MD's statement: Khalid at the consulate was given dollars

life-mission

KOCHI: Unitac MD Santosh Eapen told the Enforcement Directorate (ED) that he had obtained US dollars from the black market to pay a commission to Khalid, the head of the finance department at the UAE consulate, in return for the Life project contract.

The MoU was signed with the Consulate for the construction of 140 flats in Wadakancherry. Khalid demanded a 20 percent commission in US dollars. Four million US dollars were handed over to him. Sheshadri of Axis Bank's Karamana branch and Irshad of Axis Bank's Vyttila branch raised a fund of $ 1 lakh from the black market. The entire commission could not be paid in dollars. According to the statement, Rs 1 crore was handed over in Indian currency.

JOIN THE DISCUSSION
TAGS: UNITAC, KHALID, LIFE MISSION
KERALA KAUMUDI EPAPER
TRENDING IN KERALA
TRENDING IN KERALA
X
Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.