Karuvannur bank | Photo: Mathrubhumi
Thrissur: The Cooperative Joint Registrar has issued order to incur Rs 125.83 crore from the director board members and other accused in connection with Rs 300 crore worth scam of Karuvannur bank.
As many as 20 former directors and five others, including former secretaries and managers, have to pay this amount. The order directed to initiate proceedings to recover the amount this month. The joint registrar advised to recoup the amount from the legal heirs in case of two deceased directors.
Amount to be recovered from the accused
Accused | Fine |
KK Divakaran | Rs 8,33,17,650 |
TR Paulose | Rs 2,21,84,158 |
Khader Hussain | Rs 2,21,84,158 |
TS Baiju | Rs 8,33,17,650 |
MB Dinesh | Rs 8,33,17,650 |
TR Bharathan | Rs 8,33,17,650 |
Mahesh Korambil | Rs 2,21,84,158 |
VK Lalithan | Rs 8,33,17,650 |
EC Anto | Rs 2,21,84,158 |
KV Sugathan | Rs 8,33,17,650 |
Anitha Vidyasagar | Rs 2,21,84,158 |
Chandrika Gopalakrishnan | Rs 2,21,84,158 |
Shalini | Rs 31,00,568 |
N Narayanan | Rs 6,11,33,491 |
AM Aslam | Rs 6,11,33,491 |
Jose Chakrampally | Rs 6,11,33,491 |
AM Jayaraj | Rs 6,11,33,491 |
Ambili Mahesh | Rs 6,11,33,491 |
Sumathi Gopalakrishnan | Rs 6,11,33,491 |
Mini Nandanan (All the above are board members) | Rs 6,11,33,491 |
TR Sunil Kumar (former secretary) | Rs 9,18,50,835 |
MK Biju (former manager) | Rs 9,91,96,574 |
CK Jils (former accountant) | Rs 16,11,645 |
AK Bijoy (former commission agent) | Rs 16,77,055 |
KM Mohanan (fertiliser depot administrator) | Rs 4,449 |