KOCHI: AC Moideen, CPM state committee member and MLA, has been questioned and released by the ED in connection with the Karuvannur bank fraud case. He was released after ten hours of interrogation. He said that he has produced all the documents requested by the ED and will appear for questioning again if requested. Moideen has written to revoke the freezing of his two accounts. He told the media that ED has assured that it will be looked into.

AC Moideen appeared before the ED around 9:30 am today. Although he was asked to appear twice earlier, he did not turn up citing inconvenience. Thrissur Corporation Councilor and CPM leader Anoop David Kada and Wadakkanchery Municipal Council Standing Committee Chairman PR Aravindakshan were also present for the questioning. ED had questioned them before. Anoop David responded that he had nothing to do with the scam. ED has asked AC Moideen to produce tax records and bank transaction records for the past ten years. He reached the ED office in Kochi with his lawyer.

AC Moideen is a relative of Biju Karim, a former manager of Karuvannur Bank who is under investigation in the fraud case. ED claims that Moideen's benami obtained loans from Karuvannur Bank on the recommendation of Moideen. ED had earlier stated that the main mastermind of the scam, Satish Kumar, was the benami of Moideen and a former MP. Benami loan fraud started in Karuvannur Bank in 2012. ED had earlier questioned Madhu Ambalapuram and Jijor, friends of Satish Kumar who is the main accused in the case. ED has information that they were middlemen in the fraud. ED had summoned them for questioning earlier after searching the house of AC Moideen and his benami associates. Meanwhile, it is indicated that the former MP will be summoned by ED on Wednesday