KOZHIKODE: Case against T Siddique MLA's wife Sharafunnisa in financial fraud. Nadakavu police have registered a case for financial fraud in the name of a financial institution called Sis Bank under Nidhi Limited. The case was filed against five people including Sharafunnisa based on a complaint filed by a native of Kozhikode.

The first, second and third accused are the managing director of Sis Bank Wasim Thondikkadan, his wife Rahila Banu and Moiteen Kutty of Thondikkad. Sharafunnisa is the fourth accused and Shamna is the fifth accused. The complaint is that after accepting the financial investment, the promised interest or the invested amount was not returned.

More than 5.65 lakhs were invested in two phases. Thirteen and a half percent interest was offered for this. However, the complainant says that she was cheated later. The police received three complaints against the financial institution only yesterday.