Thrissur: The Enforcement Directorate (ED) has summoned former Minister and CPI(M) State Committee member, AC Moideen, for questioning in the Karuvannur Cooperative Bank multi-crore scam. The ED has sent notice to Moideen to present himself on 31st August. The other day the ED had confiscated properties worth Rs.15 crores owned by the communist leader.
The bank accounts of the former minister have also been frozen on account of his involvement in the bank scam. In addition, bank accounts of three other individuals have also been frozen. They are believed to be benamis of AC Moideen. The ED had conducted a 22-hour long raid before freezing their bank accounts.
Three of the alleged benamis of Modieen are ordered to reach the ED office today. The agency had found out that AC Moideen had involvement in the scam. It was found out that he had recommended the communist party-led Cooperative bank to lend money out of the way.
Two days ago ED sleuths had conducted a surprise raid at the residences of AC Moideen and three other individuals, who are believed to be his benamis.
AC Moideen had said that he would cooperate with any investigation and that there is nothing for him to be afraid of.
Moideen is a member of the Legislative Assembly representing the Kunnumkulam constituency. He served has a minister in the Pinarayi Vijayan-led ministry.