M. C. Kamaruddin | Photo: facebook.com|mckamaruddin
Kasaragod: Indian Union Muslim League (IUML) MLA MC Kamaruddin who was arrested for allegedly cheating several people who invested in a gold jewellery business run by him, alleged that the arrested was a politically motivated one.
While being taken for medical examination after arrest, the Manjeswaram MLA told media that the arrest was staged as directed by the government.
“No notice was served, I was summoned and arrested,” he added.
Kamaruddin also added, “however these can’t destroy me”.
A case was registered against Kamaruddin for cheating investors in a company named Fashion Gold. This company was allegedly set up by him and another IUML leader Pookoya Thangal. The company was set up in 2017 with over 800 investors. These investors have filed over 115 cases against him for cheating and swindling over Rs 150 crores.
The special investigation team, which was constituted to probe the complaints, arrested the MLA at the SP office where he was being questioned since morning. As of now, the swindled amount stands at Rs 13 crore according to complaints registered. If more complaints are registered, the amount would go up.
The police had earlier registered a case against the Majeshwaram MLA and T K Pookoiya Thangal of IUML, a major ally of the opposition Congress-led United Democratic Front (UDF), under section 420 (cheating) of the Indian Penal Code, suspecting a multi-crore fraud.
The case, registered after over two dozen complaints were received in the Chendera and the Kasaragod police stations, were handed over to the State Crime Branch.