Perumbavoor Urban Cooperative Bank committee member held in fraud case

A member of the Perumbavoor Urban Cooperative Bank’s governing committee, named Sharaf, was arrested for his alleged involvement in a fraud case amounting to around ₹33 crore. He was caught at the Kochi airport while trying to escape to Sri Lanka. The District Police Chief (Ernakulam Rural) Vaibhav Saxena received several complaints which led to the investigation and subsequent arrest of Sharaf. The authorities are taking strict actions against those involved in the fraud, ensuring justice is served.