Screen grab | Mathrubhumi news
Thiruvananthapuram: The Kerala department of co-operation has appointed a special team for investigating the Pulpally bank fraud case. Rajendran Nair, a farmer, killed himself earlier this week, after he was served a notice from the bank over repayment of a ‘fake loan’ issued in his name.
Deputy Registrar T Ayyapan Nair at the department of co-operation has been appointed the head of the investigation team. Assistant registrars Arun V Sajikumar, R Rajaram, P Jyothish Kumar, and M Babeesh are the other members of the investigation team.
An order has been issued in this regard by the registrar following instructions from V N Vasavan, Minister of Co-operation. Several lapses have been identified in the bank’s governing body, which is led by UDF members.
All the benami and illegal loan transactions done by the board members have come under scanner. In the wake of recent events, authorities have tightened the noose on corrupt officials.