KOCHI: Just days after confirming CPM's involvement in the Karuvannur bank fraud, ED is extending the search towards more leaders within CPM. It is indicated that CPM was mentioned in the ED report submitted to the court in connection with the confiscation of assets case. It is also doubted that ED submitted all those reports against CPM in the surety that other CPM leaders will also be arrested in the coming days.

The ED concluded that the fraud of Rs 300 crore would not have taken place without the knowledge of the CPM leaders who were helming top powers in the bank. The account details and income of the top leaders and their family members under surveillance were verified.

The ED move against more CPM leaders will follow a similar pattern used to arrest Vadakkencherry municipal councillor, P.R. Aravindakshan. The leaders having good bonhomie with prime accused P. Satishkumar will be questioned based on the documents. If strong evidence follows, more leaders will be added to the accused list.

The ED has indicated that it has received evidence against those suspected of working as a benami for Satish Kumar. Apart from former bank manager M.K. Biju and former secretary Sunil Kumar, the statements given by the complainant and former manager M V Suresh and two former directors have strongly pointed to the involvement of leaders connected with the fraud.

The relationship of leaders has also been described in the statement of K. Jijor, who handled the financial transactions of Satish Kumar.