Kottayam: Allegations of financial fraud have emerged involving an employee at a private financial institution in Thalayolaparambu. The accused is Krishnaendu, the DYFI zone joint secretary of Thalayolaparambu. According to the complaint filed by the firm’s owner, over Rs. 42 lakhs was misappropriated from the company under Krishnaendu’s leadership.
The complaint alleges that Krishnaendu, who served as the gold officer of the firm, conspired with Devi Prijith, the gold loan officer, to perpetrate the fraud. This extensive fraud, spanning 19 mortgage transactions since last April, involved sabotaging the firm’s CCTV camera system. Investigations revealed that Krishnaendu had transferred more than Rs. 28 lakh into both her own account and the accounts of her relatives.
In response to these allegations, the party leadership has offered its typical explanation. The Thalayolaparambu area committee contends that Krishnaendu was expelled from the party several months ago. The party asserts that it had uncovered the illicit transactions involving Krishnaendu and her husband, a member of the CPI(M) Thalayolaparambu local committee, leading to their expulsion many months ago.
However, last month, Krishnaendu posted on Facebook, claiming to have assumed the position of DYFI region joint secretary, adding further pressure on the party to address the situation.
Comments