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T.K. Govindan alleges financial irregularities in coop. society in Kerala’s Kannur

Taliparamba MLA T.K. Govindan plans to file a complaint with the Cooperation department to investigate financial irregularities at the Halal Fayidah Cooperative Society in Kerala's Kannur district. The MLA had already submitted a depositor's complaint to the Chief Minister recently. Govindan revealed to The Hindu that the distressed depositor had approached him, claiming a significant delay in the return of his investment—nearly nine years, in fact.

The concerned individual is identified as K.P. Nazar, who had invested ₹1 lakh in the society. Govindan expressed concern regarding the prolonged turnover of Nazar's deposit, especially considering the society's reported lack of functionality.

Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thehindu.com →

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