Kozhikode: The first phase of questioning by Enforcement Directorate (ED) in the Karuvannur Cooperative Bank scam will end tomorrow. The ED questioned the main accused and the main witnesses. The agency’s questioning took seven days and the accused and witnesses were summoned many times.
Former Minister AC Moideen is summoned again on Tuesday for the second phase of questioning.
The investigation agency entered into first phase of questioning in the case registered in 2021 under the prevention of black money law. In its initial investigation itself, the ED had found out that a scam, worth Rs.300 crores, was done. Following this discovery, the ED conducted a thorough investigation, which led to the prime suspect, Suresh Kumar.
The ED collected the complete digital evidences from Suresh Kumar. His phone records also became a main source of evidence, which the ED used to question Suresh Kumar’s middleman, KA Gijor, and Anil Seth who conducted the benami transactions.
The Enforcement Directorate had also questioned former bank manager, Biju Karim, Secretary Sunil Kumar, Anil Seth, Sathish Kumar, and PP Kiran many times in August and September. Kiran and Sathish were arrested following these questionings.
In addition Counselors Anoop Davis and PR Aravindakshan were questioned continuously by the ED. The agency has given notices to them to reappear for questioning on Monday. With this, the first phase of questioning will be over.
AC Moideen, who was questioned in the first phase, will be questioned again in the second phase on Tuesday. It is believed that more arrests will be done during the second phase of questioning.