In the latest fraud centered around the cooperative sector, a key arrest has been made. NP Sindhu, the secretary of the Idukki Dealers Cooperative Society, has been arrested in connection with the financial fraud at the society’s Kumily branch. The Crime Branch arrested Secretary N.P. Sindhu after finding her involvement in the embezzlement of 1.28 crore rupees at the Kumily branch.
It is alarming that even female staff members are being implicated and arrested in such cooperative fraud cases. With the arrest of the society’s secretary, N.P. Sindhu, the extent of the fraud is becoming clearer. After a new governing committee took charge, an initial inspection revealed substantial financial discrepancies, which led to a complaint and subsequent FIR filed by the Kumily Police. The case was later taken over by the Crime Branch.
In this case, the Crime Branch had previously arrested the former bank manager, Vaishakh Mohanan, from Chakkupallam Thundathil. Findings indicate that the secretary was also involved in the financial fraud. Additionally, it was discovered that fake accounts were used to siphon off lakhs of rupees, leading to this recent arrest. The Crime Branch is also investigating the involvement of governing committee members in these irregularities.
