Kerala Crime Branch Launches SIT Probe into CSR Fund Scam
The Kerala Police Crime Branch has initiated a comprehensive investigation into a widespread Corporate Social Responsibility (CSR) fund scam that has defrauded numerous individuals across the state. An 80-member Special Investigation Team (SIT), led by Superintendent of Police MJ Sojan, has been constituted to handle the probe.
Formation of the Special Investigation Team
The decision to establish the SIT was made in response to the sensitive nature and extensive reach of the scam. The team will focus on 34 cases registered in various districts, including 11 each in Idukki and Ernakulam Rural, eight in Alappuzha, three in Kottayam, and one in Kannur town. The state police chief has directed local authorities to promptly transfer all relevant case files to the Crime Branch.
Details of the CSR Fund Scam
The scam involves fraudulent promises of providing two-wheelers, laptops, and household appliances at half price, purportedly under CSR initiatives. Thousands of individuals were lured into these schemes, resulting in over 150 First Information Reports (FIRs) filed across multiple districts. The total amount defrauded is estimated to be substantial, with ongoing investigations aiming to determine the exact figure.
Arrest of the Prime Accused
The primary suspect, 26-year-old Ananthu Krishnan from Thodupuzha in Idukki district, was apprehended on January 31. Following five days of interrogation and evidence collection, he has been remanded to judicial custody. Authorities allege that Krishnan collaborated with over 200 non-governmental organizations to promote these deceptive schemes, operating nearly 19 bank accounts through which transactions amounting to approximately ₹450 crore were conducted in recent months.
Involvement of Other Notable Figures
Investigations have also implicated other individuals, including retired High Court Justice CN Ramachandran Nair and KN Ananda Kumar, the executive director of the Sai Gramam Global Trust. Both have been booked in connection with the scam. Ananda Kumar, who serves as the chairman of the National NGO Confederation, is considered a key accomplice in the fraudulent activities.
Next Steps in the Investigation
The SIT, under the supervision of the Additional Director General of Police (ADGP) Crime Branch, will conduct a thorough investigation into the scam. Given the scale of the fraud, the team is expected to expand its probe to include additional cases and suspects as more information emerges. The Crime Branch has urged victims and those with pertinent information to come forward to aid in the investigation.
This concerted effort underscores the Kerala Police’s commitment to addressing financial fraud and ensuring justice for the victims of this extensive CSR fund scam.
