THIRUVANANTHAPURAM: The court acquitted Biju Radhakrishnan and Saritha S Nair, accused for swindling Rs one crore 5 lakh in the name of installing solar panel. The verdict was pronounced by additional chief judicial magistrate court. The case is that they grabbed the amount from T C Mathew.

Biju as director of Team Solar renewable energy solutions and Saritha as company’s executive director approached Mathew for solar deal. The two had requested Mathew to deposit in the project after convincing him to make a deal with the Tamil Nadu Government for installing the solar panel. They had also promised the whole sale rights of solar equipment in Thiruvananthapuram and Kollam. The fraud took place in 2013.