Kerala Minister for Fisheries Saji Cherian has reassured depositors in cooperative banks in Kerala that their deposits are safe. He said the depositors will receive their money.
He was speaking to reporters on the sidelines of a day-long seminar at the Kerala University University of Fisheries and Ocean Studies (Kufos) in Kochi on Saturday.
Regarding the ongoing investigations into suspicious deals in several cooperative banks in Kerala, Mr. Cherian said he had no comments to make on the politics of investigation, adding that the law will take its course.
The ruling parties have not objected to the investigations. The ruling front will not protect the guilty, he added.
