karuvannur-

THRISSUR: Bijoy, the main accused in the Karuvannur bank fraud case, has a resort near Thekkady. The first phase of construction was completed at Rs 3.5 crore. The accused had planned to complete the construction of the resort at a cost of Rs 18 crore.

Construction of the resort came to a halt after news of the scam surfaced. Bijoy bought the land at Murikkady in 2012. In 2014, permission was obtained from Kumily Panchayat for the construction of the building. In 2017, he obtained a permit to build another building.