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ED Conducts Raids in Keralam Over Rs 92 Crore Cooperative Scam
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News18•07-10-2026, 09:30
ED Conducts Raids in Keralam Over Rs 92 Crore Cooperative Scam
- •The Enforcement Directorate raided around 20 locations across Thrissur, Ernakulam, and Kozhikode in Keralam.
- •The searches are part of an ongoing investigation into alleged financial irregularities totaling Rs 92 crore.
- •Three cooperative societies are under the scanner: Urban Cooperative Society, Thennela Service Cooperative Society, and Kuttanellur Cooperative Bank.
- •Alleged irregularities amount to Rs 55 crore in Urban Cooperative Society, Rs 10 crore in Thennela Service Cooperative Society, and Rs 27 crore in Kuttanellur Cooperative Bank.
Key Questions Answered
The Enforcement Directorate is investigating three cooperative societies in Keralam: the Urban Cooperative Society, Thennela Service Cooperative Society, and Kuttanellur Cooperative Bank.
The searches are part of an investigation linked to alleged financial irregularities totaling Rs 92 crore across the three cooperative societies.
Officials stated that about 20 premises located in Thrissur, Ernakulam, and Kozhikode are currently being searched by the Enforcement Directorate.
