Tue Dec 03 15:07:36 UTC 2024: ## Kerala High Court Impleads ED in Edamulackal Bank Fraud Case
**KOCHI, December 3, 2024** – The Kerala High Court has taken suo motu cognizance of an alleged financial fraud at the Edamulackal Service Cooperative Bank in Kollam district, impleading the Enforcement Directorate (ED) in the case. The action follows a petition by a 71-year-old cancer patient, Rajendran Unnithan, who is facing financial hardship due to the inability to access his fixed deposit.
The court described the situation as a classic case of embezzlement by the bank’s former committee, who allegedly squandered depositors’ funds, leaving many facing significant financial and medical distress. The government pleader informed the court that the misappropriated funds have been transferred overseas and an FIR has been registered.
In light of this, the High Court has decided to involve the ED to explore the possibility of pursuing the case under the Prevention of Money Laundering Act. The court’s intervention aims to ensure the recovery of the misappropriated funds and provide relief to affected depositors.
First Piper 