THIRUVANANTHAPURAM: Kerala BJP State President K Surendran stated that the major scam that occurred at the Kandala Service Co-operative Bank near Kattakkada in Thiruvananthapuram district was not solely conducted by N Bhasurangan.
Surendran stated that the BJP was the first to protest against the Kandala Co-operative Bank, accusing it of exploiting the poor and embezzling crores of rupees. The Kandala Co-operative Bank scandal has been known for quite some time.
Surendran made these remarks while addressing the media, following the detention of CPI leader and former Kandala Service Cooperative Bank president N Bhasurangan by the Enforcement Directorate (ED). Bhasurangan is facing questioning on charges related to deposit fraud and money laundering.
K Surendran added that the cooperative bank scandal is not the sole responsibility of senior CPI leader N Bhasurangan. According to him, several leaders from the left-wing were involved, including a state minister who allegedly received a share of the scam on a regular basis. The minister’s involvement suggests that Bhasurangan was not only involved from the party.
He added that Bhasurangan has now been suspended from the party, which is a usual strategy employed by the CPI to protect the party’s public image.
Currently, co-operative banks in Kerala are being misused by CPI leaders as a platform for money laundering. Surendran insists that it’s not only Bhasurangan who is involved; all leaders implicated should face justice. Furthermore, Surendran mentioned that the BJP plans to intensify its protests against such co-operative crimes in the state.