Cong., BJP seek CBI probe into coop bank scam
The Hindu
Surendran says A.C. Moideen protected perpetrators, CPI(M) leader denies charge
The Congress and the Bharatiya Janata Party (BJP) have, separately, demanded a Central Bureau of Investigation (CBI) inquiry into the alleged ₹350-crore loan scam centred on the CPI(M)-controlled Kuravanoor Cooperative Society Bank in Thrissur. Leader of the Opposition V.D. Satheesan said the ongoing police inquiry lacked credibility and was a cover-up. The government had allowed the fraud to continue despite cautionary reports from various agencies since 2018. The Communist Party of India (Marxist) (CPI-M) State and district leadership had condoned the fraud. The party leadership appeared not to care that the scam victims were manual labourers, autorickshaw drivers, headload workers, and daily wage earners on CPI(M) membership rolls.
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