ED on Monday said its November 7 searches against board members and directors of Nemom Cooperative Bank in Thiruvananthapuram, associated with some CPM netas, have revealed misappropriation of funds to the tune of over Rs 50 crore, with then office-bearers found involved in forging documents, sanctioning loans beyond permissible limits, diverting funds and overall financial mismanagement, leading to the failure of the bank to honour deposit liabilities.
ED finds Rs 50 crore scam in Kerala co-op bank | India News
Date:
More like thisRelated
Dharmendra hospitalized: Bharti Singh wishes a speedy recovery to Bollywood’s ‘He-Man’; says, ‘Kuch nahi hone wala’ |
On November 10, reports of veteran actor...
‘India have stopped doing it’: Donald Trump repeats Russian oil claim; US prez says he will ‘bring down’ tariffs
US President Donald Trump on Monday, once...
NSA starts probe into GPS spoofing at IGI airport | India News
NEW DELHI: The office of National Security...