Left MLA accuses IUML Leader Kunjalikutty of back fraud

MLA and former minister of high education KT Jaleel has continued his trade against IUML National general secretary and former MP Kunjalikutty accuses him of a fraud of Rs. 1021 crore. The fraud is said to be done via a AR Nagar cooperative bank, in Malappuram district. According to Mr. Jaleel, the IUML leader had created 862 fake accounts in the bank using 257 customer IDs merely for money laundering purposes and that he was loaning money to party leaders in an illegal manner.

During the press conference, the MLA had made public documents from the registrar of cooperative societies claiming illegal investment through the bank ruled by the Muslim League. Earlier, last week, Jaleel had accused of money laundering by Kanjalikutty in the name of the Muslim mouthpiece.

Jaleel reaffirmed his allegations against Kunjalikutty both in the state assembly and outside, by stating that the Enforcement directorate had called him in for taking his statements.

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