KOCHI: The Adjudicating Authority of Delhi upheld the Enforcement Directorate's action of confiscating Rs 40 lakh from Kunnamkulam MLA A C Moideen and his family in the Karuvannur Cooperative Bank fraud case. The authority overseeing cases under the Prevention of Money Laundering dismissed every claim raised by the former minister.

Bank accounts in the names of Moideen, his wife and daughter were seized. Earlier, Moideen said his wife and daughter had no role in the fraud case. He later clarified about depositing the money received when his wife retired as a nursing superintendent. Some amount from this was deposited in his daughter’s account.

Moideen is left with another option to approach the Appellate Tribunal. If his arguments fall short of convincing the tribunal, the money confiscated will be transferred to the state coffers.