Investigation into Unitac's financial deals brings Kerala Blasters under scanner


By T J Sreejith

1 min read
Read later
Print
Share

Though the probe agencies had demanded to reveal their major financial deals, Unitac MD Santhosh Eappen had not revealed this.

Image: Screengrab | Mathrubhumi News

Kochi: The Indian Super League (ISL) team Kerala Blasters headquartered in Kochi also will come under the investigation in connection with Life Mission scam. When the probe expanded to the financial transactions of Unitac Builders, it was found out that they sponsored Kerala Blasters. Unitac had also made an ad film with Kerala Blasters players.

Though the probe agencies had demanded to reveal their major financial deals, Unitac MD Santhosh Eappen had not revealed this. The financial transactions of Unitac which took place 2 years before the contract with UAE Red Crescent and after the same are being investigated.

It is assumed that the Life Mission contract was not given to Unitac coincidentally. If the contract worth Rs 18 crore was handed over to them, they might have engaged in similar deals earlier too. The probe teams are checking if Swapna Suresh was involved in the deals of Unitac, prior to the Life Mission contract.

During the examination in this regard, Unitac was spotted in the list of sponsors of Kerala Blasters a year before the former's contract with Red Crescent. Unitac was involved as 'sleeve partner' in the then jersey used by Kerala Blasters. It is yet to be found how much worth this contract was.

The probe agencies are also investigating if Unitac was financially stable to be able to sponsor a team like Kerala Blasters. The owners and officials of Blasters team had changed after this season. The investigation agencies are trying to find out the financial deals taken place during that time.

Add Comment
Related Topics

Get daily updates from Mathrubhumi.com

Newsletter
Youtube
Telegram
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.