karuvannur

THRISSUR: CPM is coming up with measures to revive the Karuvannur Co-operative Bank, which is in the middle of controversy following loan fraud. District and state leaders of the party will personally meet the investors who lost money and assure them that their money will be returned. The decisions were explained in the party's reporting in the wake of the Karuvannur Bank crisis.

The plan is to immediately distribute 50 percent of the amount to the investors. Leaders are stepping in to find money for this. More investors will be found by supporting the administrative governing body. The aim is to raise money by speeding up revenue recovery measures and accepting investments.

There were two reportings on Thursday. While the first reporting was held at 11 in the morning at Thrissur Indoor Stadium, the second was held at 4 p.m. in Irinjalakuda. State Secretariat Member Puthalath Dinesan and District Secretary MM Varghese gave the explanation.