Kerala: ED raids CPI(M) MLA Moideen, others in cooperative bank linked money laundering case
Thiruvananthapuram (PTI): The Enforcement Directorate on Tuesday raided premises of CPI(M) MLA A C Moideen and some others as part of a money laundering investigation linked to an alleged Rs 100 crore fraud in the party controlled Karuvannur cooperative bank, official sources said.
The federal agency is covering about half a dozen premises in the state as part of the action being undertaken as per the provisions of the Prevention of Money Laundering Act (PMLA), they said.
The premises of Moideen, a former minister of local self government, and those linked to him are being searched for evidence of gathering details of "benami" assets, the sources said.
The case pertains to the ED's probe that on the instructions of CPI(M) district level leaders and committee members who governed the bank, loans were allegedly disbursed "in cash" to non-member benamis by mortgaging properties of poor members without their knowledge and laundered to the benefit of the accused.
The agency suspects many such "benami" loans were disbursed, allegedly on the instructions of Moideen.
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Death toll from Israeli strikes in northeast Lebanon rises from 8 to 24, Lebanese news agency says
Deir al-Balah, Nov 1: Israeli airstrikes on Friday killed at least 24 people in northeastern Lebanon, the country's news agency said, raising the death toll from eight there.
It was the latest deadly toll in the area since the conflict between Israel and the Lebanese group Hezbollah escalated last month.
Israel's military has said that its operation in Lebanon is targeting Hezbollah's military infrastructure.
Lebanon's state National news Agency reported four airstrikes in different villages across country's northeast, saying rescuers were still searching for survivors in Younine, a town in the Bekaa Valley, from the rubble of a targeted house.
Hussein Haj Hassan, a Lebanese lawmaker representing the region in Baalbek-Hermel region, said that 60,000 people have already fled their homes in the area due to Israeli bombardment.
