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Financial irregularities in K. Karunakaran Smaraka Trust: Five Congress leaders arrested

KANNUR: Five Congress leaders were arrested over the financial irregularities at K Karunakaran Smaraka Trust. Office bearers of K. Karunakaran Trust- Kunjikrishnan Nair, Roshi Jose, C D Scaria, P V Abdul Saleem and J Sebastian were arrested by Cherupuzha police in a case related to a financial fraud of Rs 30 lakhs.

Allegations were raised against the accused after the suicide of Joseph Muthuparakunnel, the contractor who constructed a hospital building for the trust here. Joseph was found dead on the terrace of K Karunakaran memorial hospital owned by the trust. He committed suicide for not getting Rs 40 lakhs owed to him by the trust. Talparamba DySP said that the accused won’t be arrested for the suicide of the contractor as actions on it will be taken only after legal advice.