THIRUVANANTHAPURAM: Enforcement Directorate has issued notices to P V Haridasan, the Managing Director of Rabco and T V Subhas who is an IAS officer serving as the Cooperative Registrar in connection with the Karuvannur Co-operative bank fraud case. They have been summoned for questioning tomorrow. Karuvannur Bank had invested funds in Rabco and during the crisis, there were plans to recover this investment but they did not succeed. Following allegations of fraud at the bank, an inspection and investigation were carried out under the leadership of the Cooperation Department.

Meanwhile, the accused Arvindakshan and Jills who were presented in court have been remanded in ED custody for 14 days. After the custody period ended they were brought back to court.

This marks the second time that ED has questioned Arvindakshan and Jills. It's alleged that they did not cooperate during the initial questioning. Based on voice messages from the phone of the primary defendant P Satish Kumar, ED is preparing to re-question P R Aravindakshan. ED also claims that Arvindakshan deposited money in the Peringandur Co-operative Bank under his mother's name suggesting his involvement in Satish Kumar's financial transactions.

Furthermore, it has been discovered that Jills was involved in a loan fraud amounting to Rs 5 crores. ED has stated that the investigation has revealed this fraud was carried out on behalf of others and therefore Jills is being held in custody for further questioning in this regard. ED anticipates obtaining more information about the accused during the second phase of interrogation.