The Office for the Valence and the Anti -Corruption Office (VACB) arrested 14 persons on Wednesday in connection with two main cases of abuse of funds concerning subsidy loans intended for women from the planned caste (SC), planned strain (ST) and under the line of poverty (BPL) under the leadership of Tředinanthapuram Corporation.
The arrest was carried out during the investigation of accusations of extensive corruption in the payment of subsidy loans during the financial years 2020–21 and 2021–22. The purpose of loans was to support business initiatives between women SC and ST in 2020–21 and women BPL in 2021–22.
Theose Arrestified Were Identification Industrial Extension Corporation Pooleen Raj of Kanjiramkulam and Shefin MB of Ballamaturam, Pattom Service Coopility Coopility Coopility Coalitor Bank Manager Sony, Sindu of Moonattumukku Suresh Babu of Kazhakuttom, Anirudhan of Kovalam, Aswathy Balamarapur, Aswathy of Balarampad, Monicekhar of Vanchiyoor, Shibin of Balamarapurama and Vishnu of Kalliyoor.
According to official sources, in the years 2020-21, the assignment of 1.26 Crore and 1.14 Crore were 1.14 GBP for entrepreneurs SC and ST and in 2021-22 for women BPL. However, funds were reportedly diverted in violation of the instructions, which allowed incapable persons to receive subsidies without approval by the local authority.
The accused are accused of manipulating with lists of recipients, circumventing official protocols, destruction or removal of key documents and transferring funds to fake companies and personal accounts through a cooperative bank. The fake company “Ashwathi suppliers” created by Sindu played a central role in the washing funds.
Published – July 30, 2025 20:42
