Popular Finance scam: High Court directs police to file separate FIR for each complaint
Kochi: The Kerala High court instructed police to register separate FIRs for each complaint filed in the Popular Finance scam case. The court pronounced an interim order in connection with the case.
The HC also instructed that the Central government should immediately take a decision regarding the state government’s move to hand over the case to CBI.
The court also directed to take measures to ensure safety of gold and other documents of investors in the 271 branches of Popular Finance as per the Investor Protection Act.
Six petitions were filed before the High Court in connection with the case. This included petitions demanding CBI investigation and the one demanding protection for gold and documents of the investors. The High Court pronounced the interim order on these petitions.
State police chief Lokanath Behera had sent a circular to district police chiefs to file an FIR each in each district in connection with the case. As a result, 13 FIRs were filed in different districts in the state.
However, the court has canceled this circular. The court instructed that an FIR should be filed for each complaint. With this, thousands of FIRs will have to be filed in different police stations, especially in Pathanamthitta district.