IUML legislator arrested in Kerala gold jewellery rip-off

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IUML legislator arrested in Kerala gold jewellery rip-off

IUML legislator arrested in Kerala gold jewellery rip-off

Synopsis

The Manjeshwaram MLA was known as in for questioning by the Special Investigation Team this morning and his arrest was recorded by night, police mentioned.

Representative Characterize

Kasaragod: In a blow to the opposition Congress-led UDF in Kerala earlier than Native physique polls subsequent month, an IUML legislator M C Kamaruddin was arrested on Saturday in reference to conditions registered in opposition to him in a multi-crore monetary fraud regarding to gold jewellery enterprise.

The Manjeshwaram MLA was known as in for questioning by the Special Investigation Team this morning and his arrest was recorded by night, police mentioned.

The arrest was underneath sections 406 (criminal breach of belief) and 420 (cheating) of the Indian Penal Code, provisions of Kerala Protection of Interests of Depositors in Financial Establishments Act and half 3 and 5 of the banning of unregulated deposit schemes act.

“He has been arrested underneath three conditions and currently, the probe team is investigating 77 conditions in opposition to him,” a senior police official told .

On the other hand, police mentioned as many as 115 conditions were registered in opposition to the MLA in Kasaragod and Kannur districts on complaints from investors, largely workers of the Indian Union Muslim League (IUML), a necessary ally of the United Democratic Front (UDF).

Whereas UDF convener M M Hassan mentioned the arrest was politically motivated, Kerala PCC president Mullapally Ramachandran mentioned “let the rules take its direction.”

Kamaruddin, who’s the chairman of Vogue Gold Jewellery, additionally maintained that his arrest was “politically motivated.”

“Here’s a politically motivated case. My case is coming up within the High Court docket on Monday. No tag was issued to me sooner than the arrest. The authorities is attempting to conceal its faults by moving me.

They might be able to not murder me by any of this,” Kamaruddin told newshounds as he was being taken to a hospital for COVID-19 take a look at rapidly after his arrest.

One other district chief of IUML, T Okay Pookoya Thangal, who’s additionally the Managing Director of Vogue Gold, round which the fraud has taken enlighten, was generally is named to the SP enlighten of enterprise in Kasaragod,police mentioned

The IUML management had given the MLA six months time to repay the amounts taken from the investors.

Following the arrest, the IUML has known as for an pressing assembly at Kozhikode on Sunday.

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1 Comment on this Memoir

Binu Pillai1 hour ago

The man had Jewlery Trade, he went bankrupt … Enormous Trade Members delight in ANIL AMBANI are bankrupt aloof doing smartly.

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