CPM Payyanur unit faces severe backlash over embezzllement of funds, using fake cash receipts


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Kannur: CPM Payyanur area committee is facing severe backlash from inside the party after reports concerning misappropriation of funds, fake cash receipts and embezzlement of money from a martyr’s fund came to light. Following this, the district committee was entrusted to look into the matter.

It was alleged that fund collected for helping the family of slain party worker Dhanaraj was embezzled by some. Additionally, there was also allegation surrounding the misappropriation of funds collected for the election campaign and construction of party office.

The balance funds after covering the expenses of housing and helping family members were transferred permanently to the account of two leaders.

Four years ago, a large portion of the interest from this deposit was transferred to the personal account of one of the two leaders. At the same time, the family of Dhanaraj was in debt of about Rs 14 lakh. It was alleged that this was not paid off using the fund collected for the family, and a large portion of this amount deposited in the bank was withdrawn for other reasons.

Party leaders are now claiming that the money was withdrawn to pay the expense for conducting Dhanaraj’s case.

It was also found that fake receipt books were printed for fund raising during party elections. Following this, the party appointed a commission to inquire about the matter. It was alleged that the findings of the commission were not acceptable to the district committee.

Within the Payyannur area committee, there are also difference of opinion within the party regarding financial irregularities. One faction wants action if there are wrongdoers.



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