The statement by Communist Party of India (Marxist) [CPI(M)] secretary M.V. Govindan that the issues related to the Karuvannur cooperative bank have been solved indicates the possibility of a negotiation with the Bharatiya Janata Party (BJP), United Democratic Front (UDF) convener M.M. Hassan has said.
Addressing mediapersons here on Monday, he said the ED investigation was progressing at a snail’s pace. Even after weeks of raids on his house and office, A.C. Moideen had not been questioned for the second time. The CPI(M) has links with Sunil Kumar, who had ‘taken loans worth ₹18 crore’ from the Karuvannur bank. BJP leader Aravind Menon attended the inaugural function of the jewellery shop owned by Sunil Kumar at Kattappana. These incidents strengthen suspicion about BJP-CPI(M) links.
‘Different issues’
“We agree with the statement of the Chief Minister that the BJP led by Modi and Amit Shah is trying to destabilise cooperative sector. But the Karuvannur scam should not be connected to that issue,” he said.
The UDF would take out rallies in panchayats from October 10 to 15 against the ‘gross corruption’ of the LDF. The UDF would also stage a protest in front of the Secretariat on October 18 demanding Chief Minister’s resignation, Mr. Hassan said.
