Loan Fraud: Cpm Demotes 5 Leaders For Loan Fraud | Thiruvananthapuram News
The CPM in Kannur has demoted five local leaders to branch committee members due to financial irregularities at the Kolithattu Service Cooperative bank. The leaders are accused of availing loans worth crores using fake signatures and even deceased account holders’ details. Complaints were received by the assistant registrar, leading to a probe revealing fraud worth…