P. K. Firoz seeks probe into transactions of Bineesh Kodiyeri’s money exchange company in Bengaluru


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Firoz demanded an investigation to find out if Bineesh Kodiyeri had started the money exchange company for transactions involving foreign currency received from drug sales.

P. K. Firoz (photo: Sajan V. Nambiar)

Kozhikode: Muslim Youth League state general secretary P. K. Firoz said that Bineesh Kodiyeri has a money exchange company in Bengaluru. He alleged that there was mystery behind the transactions of the company, which was started in 2015, and sought a detailed investigation.

Firoz said that the accused in the drug racket case had stated that their transactions were in with foreigners in Goa. They also stated that the foreigners were paying for the contraband in foreign currency. Firoz demanded an investigation to find out if Bineesh Kodiyeri had started the money exchange company for transactions involving foreign currency received from drug sales.

“Now it is clear who actually is the ‘buddy’ mentioned by Chief Minister Pinarayi Vijayan,” Firoz said.

Bineesh secured licence for the money exchange company in 2015, when the BJP was in power. It is not easy to secure the licence to start a money exchange company. It must be investigated how the son of a CPI (M) leader received the licence. He also demanded an Enforcement Directorate investigation into the currencies used for transactions in the company.


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