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CPM held 100 cr in 25 accounts for over 10 yrs: ED
The Morning Standard
|January 16, 2024
THE Enforcement Directorate (ED) has submitted before the Kerala High Court that the CPM maintained undisclosed bank accounts in the name of its area committees in Thrissur district, having hundreds of crores in deposits.
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Calculating from the reported balance of 1.73 crore and fixed deposits amounting to 63.98 lakh as of March 31, 2023, the enforcement agency estimated that the party accumulated deposits exceeding 100 crore in these clandestine accounts over 10 years. The ED made the revelation in a counter affidavit before the court in response to a plea against provisional attachment.
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FLERE HISTORIER FRA The Morning Standard
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