
Taliparamba MLA T.K. Govindan has said he will file a complaint with the Cooperation department seeking an investigation into financial irregularities at the Halal Fayidah Cooperative Society in Kannur, Kerala. He told…
Taliparamba MLA T.K. Govindan has said he will file a complaint with the Cooperation department seeking an investigation into financial irregularities at the Halal Fayidah Cooperative Society in Kannur, Kerala. He told The Hindu that a depositor, K.P. Nazar, had complained that his ₹1 lakh investment was returned only after nearly nine years, and only after Nazar submitted a complaint to the Chief Minister. The MLA said the society was reportedly not functioning, raising questions about its deposit collection and utilisation.
The usual script in Kerala is to brand every complaint against a cooperative society as political vendetta, and the equally predictable counter is to call it a whitewash if the department stays silent. But the nine-year delay in returning a ₹1 lakh deposit, and the fact that the society is reportedly not functioning, point to something beyond politics. Voters should watch whether the Cooperation department acts without the usual dilly-dally, and whether the depositor's full story holds up under scrutiny. If the society has other depositors in similar limbo, that number will settle the matter.
Source: thehindu.com
This story was synthesised by AI from the source linked above.