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 became as soon as called in for questioning by the Particular Investigation Crew this morning and his arrest became as soon as recorded by evening, police acknowledged.

Representative Image

Kasaragod: In a blow to the opposition Congress-led UDF in Kerala sooner than Native physique polls subsequent month, an IUML legislator M C Kamaruddin became as soon as arrested on Saturday in connection with cases registered against him in a multi-crore monetary fraud pertaining to to gold jewellery alternate.

The Manjeshwaram MLA became as soon as called in for questioning by the Particular Investigation Crew this morning and his arrest became as soon as recorded by evening, police acknowledged.

The arrest became as soon as under sections 406 (prison breach of believe) and 420 (cheating) of the Indian Penal Code, provisions of Kerala Protection of Interests of Depositors in Monetary Establishments Act and portion 3 and 5 of the banning of unregulated deposit schemes act.

“He has been arrested under three cases and at the moment, the probe group is investigating 77 cases against him,” a senior police official commended .

On the opposite hand, police acknowledged as many as 115 cases absorb been registered against the MLA in Kasaragod and Kannur districts on complaints from investors, largely staff of the Indian Union Muslim League (IUML), a serious ally of the United Democratic Front (UDF).

While UDF convener M M Hassan acknowledged the arrest became as soon as politically motivated, Kerala PCC president Mullapally Ramachandran acknowledged “let the rules decide its course.”

Kamaruddin, who’s the chairman of Vogue Gold Jewellery, furthermore maintained that his arrest became as soon as “politically motivated.”

“Right here’s a politically motivated case. My case is constructing within the Excessive Court docket on Monday. No take into fable became as soon as issued to me sooner than the arrest. The authorities is looking to veil its faults by spicy me.

They’ll no longer execute me by any of this,” Kamaruddin commended journalists as he became as soon as being taken to a hospital for COVID-19 test quickly after his arrest.

One other district leader of IUML, T Okay Pookoya Thangal, who’s furthermore the Managing Director of Vogue Gold, around which the fraud has taken draw, became as soon as furthermore is known as to the SP draw of job in Kasaragod,police acknowledged

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

Following the arrest, the IUML has called for an urgent meeting at Kozhikode on Sunday.

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1 Comment on this Yarn

Binu Pillai1 hour ago

The actual person had Jewlery Enterprise, he went bankrupt … Gigantic Enterprise Contributors like ANIL AMBANI are bankrupt mild doing correctly.

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