IUML legislator arrested in Kerala gold jewellery scam

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IUML legislator arrested in Kerala gold jewellery scam

IUML legislator arrested in Kerala gold jewellery scam

Kasaragod: In a blow to the opposition Congress-led UDF in Kerala ahead of Native physique polls next month, an IUML legislator M C Kamaruddin became arrested on Saturday in reference to cases registered towards him in a multi-crore monetary fraud touching on to gold jewellery business.

The Manjeshwaram MLA became known as in for questioning by the Particular Investigation Personnel this morning and his arrest became recorded by night time, police said.

The arrest became below sections 406 (legal breach of have confidence) and 420 (dishonest) of the Indian Penal Code, provisions of Kerala Protection of Pursuits of Depositors in Monetary Establishments Act and portion 3 and 5 of the banning of unregulated deposit schemes act.

“He has been arrested below three cases and currently, the probe crew is investigating 77 cases towards him,” a senior police official told .

Nonetheless, police said as many as 115 cases had been registered towards the MLA in Kasaragod and Kannur districts on complaints from patrons, mostly crew of the Indian Union Muslim League (IUML), a necessary ally of the United Democratic Entrance (UDF).

While UDF convener M M Hassan said the arrest became politically motivated, Kerala PCC president Mullapally Ramachandran said “let the regulation desire its course.”

Kamaruddin, who is the chairman of Vogue Gold Jewellery, also maintained that his arrest became “politically motivated.”

“That is a politically motivated case. My case is coming up within the Excessive Court docket on Monday. No sight became issued to me earlier than the arrest. The authorities is attempting to mask its faults by tantalizing me.

They may be able to’t extinguish me by any of this,” Kamaruddin told newshounds as he became being taken to a scientific institution for COVID-19 take a look at quickly after his arrest.

One more district chief of IUML, T K Pookoya Thangal, who is also the Managing Director of Vogue Gold, spherical which the fraud has taken keep, became generally identified as to the SP place of job in Kasaragod,police said

The IUML management had given the MLA six months time to repay the portions taken from the patrons.

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

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