Kochi: The police have frozen the bank accounts of Mridanga Vision, the organisation behind the controversial dance performance at Kaloor Stadium. The freezing of two accounts comes after the police registered a case against the organisation for breach of trust. The funds collected from dancers who paid to participate in the event were deposited into these accounts.

Nigosh Kumar, director of Mridanga Vision, is set to surrender to the police today. Earlier, the CEO of Mridanga Vision, who was arrested by the police, gave a statement claiming that Nigosh Kumar was responsible for overseeing all activities. The High Court had directed Nigosh to report to the Palarivattom police station by 2:00 pm yesterday. If he fails to comply, the police are prepared to arrest him.

Financial investigations underway

The police are thoroughly investigating all financial transactions linked to Mridanga Vision. A massive sum was collected from all the dancers, including 550 dance teachers, who were involved in the huge Bharatanatyam event. Each dancer paid Rs 3,600, amounting to more than Rs 4 crore. Authorities are now looking into whether Mridanga Vision has any more bank accounts and are focusing on the accounts through which money was transferred by the dance teachers.

In connection with Uma Thomas MLA’s accident, the High Court has ordered Nigosh Kumar and P S Janeesh, the owner of Oscar Event Management, to appear before the investigating officer on Thursday. Questioning will also be conducted with other involved individuals.

The investigation has revealed the involvement of intermediaries, including dance teachers, who may have helped collect the funds. Several individuals have already been arrested, including A Shameer, Krishnakumar, the owner of Events India, and Benny, who assisted in setting up the temporary venue. They are currently on interim bail.