Wed Jun 25 18:15:12 UTC 2025: Okay, here’s a news article based on the provided text, along with a summary:
**Summary:**
Two former officials of the Velloor Service Co-operative Bank in Kerala, India, have been booked by the Ernakulam Vigilance and Anti-Corruption Bureau (VACB) for allegedly amassing wealth disproportionate to their known sources of income. The individuals, a former bank secretary and a former junior clerk, are accused of acquiring assets and incurring expenses far exceeding their legitimate income. Raids were conducted at their residences, resulting in the seizure of documents, assets, and cash.
**News Article:**
**Kerala: Former Bank Officials Booked for Disproportionate Assets**
KOCHI, India – June 25, 2025 – The Ernakulam Vigilance and Anti-Corruption Bureau (VACB) has filed charges against two former officials of the Velloor Service Co-operative Bank in Kerala for allegedly accumulating wealth exceeding their legitimate earnings during their tenure.
The accused, identified as S.G. Dhananjayan, the bank’s former secretary, and Liji Thankappan, a former junior clerk, are both residents of Vaikom. The case was initiated based on a petition filed by the current bank president.
According to the VACB, preliminary investigations revealed that Mr. Dhananjayan allegedly possessed assets worth ₹68.03 lakh and incurred expenses of ₹1.22 crore, with ₹89.21 lakh unaccounted for by legitimate income. Similarly, Ms. Thankappan is accused of accumulating assets worth ₹44.09 lakh and incurring expenses of ₹12.90 lakh, of which ₹14.37 lakh was deemed disproportionate to her known income.
Following the initial findings, raids were conducted at the residences of the accused under the direction of VACB Superintendent of Police A.J. Sojan. Inspectors J.P. Arun Kumar and H.L. Honey led the raids, which reportedly resulted in the seizure of documents, assets, and cash believed to be linked to the alleged disproportionate wealth.
The investigation is ongoing.
First Piper 