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Kerala: Five leaders arrested in charge of 30 crore financial fraud

  • Five people arrested over the financial fraud of Rs 30 crore committed at K Karunakaran Smaraka Trust, a memorial trust in the name of the late Congress leader, run by local leaders. 
     
  • Former executive member of KPCC Kunjikrishnan Nair, former panchayat president Roshi Jose, C D Scaria, P V Abdul Saleem and J Sebastian were arrested on Friday. 
          Also read: Kerala Chief Secretary to supervise Maradu flats demolition
  • The trust was under scanner after the alleged suicide of Joseph Muthuparakunnel.
     
  • Joseph was found dead on the terrace of K Karunakaran memorial hospital owned by the trust. 
     
  • His family had alleged that the trust, which also has several Congress leaders the board members, owed him Rs 1.34 crore.

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