5 months ago
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The Directorate of Enforcement (ED), probing the alleged misappropriation of loans by erstwhile MLA P.V. Anvar from the Kerala Financial Corporation (KFC), has issued a announcement asking him to look for interrogation, officials said connected Monday.
Sources said that Mr. Anvar has been asked to look earlier the Enforcement Directorate (ED) bureau successful Kochi connected December 31. Officials said the announcement was sent to Mr. Anvar by station and email.
Mr. Anvar is presently associated with the All India Trinamool Congress, which was precocious included arsenic an subordinate enactment of the Congress-led United Democratic Front.
The ED had carried retired raids connected the residences and concern premises linked to Mr. Anvar successful Malappuram successful November this year. The bureau is probing a ₹7.5-crore indebtedness granted by the KFC to Malamkulam Constructions, a steadfast associated with Mr. Anvar, successful 2015.
Subsequently, loans amounting to ₹3.05 crore and ₹1.56 crore were sanctioned to Pee Vee Aar Developers utilizing the aforesaid collateral properties wrong a abbreviated interval, resulting successful a full non-performing plus (NPA) of astir ₹22.3 crore, the ED said successful a statement.
The connection said the ED identified arsenic galore arsenic 15 slope accounts held successful the names of antithetic persons, allegedly benamis, done which suspected transactions had taken place.
