Home States Kerala CPM’s Kodiyeri Balakrishnan’s Son Accused of Fraud in Dubai, likely to have...

CPM’s Kodiyeri Balakrishnan’s Son Accused of Fraud in Dubai, likely to have Interpol Warrant

419
0
SHARE

(G.N.S) Dt. 24
Kerala
The complaint, filed by Hasan Ismaeel Abdulla Almarzooqi to CPI-M Politburo, states that Binoy defaulted on payment of Rs 13 crores that he had borrowed to buy an Audi A8. In a major embarrassment to the ruling CPM in Kerala, a Dubai resident has accused Binoy Kodiyeri, the elder son of the party’s state secretary, Kodiyeri Balakrishnan, of cheating his firm of crores. The complaint came to the fore on Wednesday.
The complaint, filed by Hasan Ismaeel Abdulla Almarzooqi to CPI-M Politburo, states that Binoy defaulted on payment of Rs 13 crores that he had borrowed to buy an Audi A8. Binoy had agreed to pay back the amount in EMIs. Hasan is a partner at the company, Jaas Tourim LLC. The complaint further says that Binoy absconded from the UAE and several attempts were made to contact him and his father too but ended in vain. The company has moved to seek an Interpol red warrant against Binoy.
Hasan’s complaint stated that Binoy knew his partner which is how he approached them for a loan. Binoy assured them that the money, which included approximately Rs 53 lakhs for the car and an additional Rs 45 lakh for other business deals, would be paid by June 2016 but that never happened. Cheques submitted by him bounced due to lack of funds. He was forced to file two criminal cases at the Dubai Police General Headquarters in 2016. The complainant claims that the court then instructed approaching the Interpol to bring Binoy back since the Dubai public prosecution had declared him a willful defaulter.

Print Friendly, PDF & Email

LEAVE A REPLY

Please enter your comment!
Please enter your name here