Conclude probe in microfinance fraud case in a month: HC
The Kerala High Court has ordered the investigation into a microfinance fraud case to be concluded within a month. This decision follows a plea from a local resident urging for a quicker resolution. The case involves allegations against Vellappally Natesan and others, with indictments for conspiracy and financial fraud dating back to a complaint from 2016.
- ▪The Kerala High Court has directed the probe team to conclude the investigation within a month.
- ▪The investigation is related to a microfinance fraud case against Vellappally Natesan and others.
- ▪The VACB had indicted five individuals for conspiracy and financial fraud based on a complaint from 2016.
Opening excerpt (first ~120 words) tap to expand
The Kerala High Court has directed the probe team to conclude within a month the investigation in the microfinance fraud case registered against Vellappally Natesan, general secretary of the SNDP Yogam, and others.The court was considering a plea by Mararikulam resident M.S. Anil seeking to speed up the probe in the case. The probe team had submitted before the court in September 2025 that the investigation in the case was in its final stage and could be completed within three months.The VACB had indicted five persons, including Mr. Natesan, for conspiracy and financial fraud based on a complaint filed by the late Chief Minister V.S. Achuthanandan in 2016 and booked them under the Prevention of Corruption Act and the Indian Penal Code.The matter was posted for hearing on June 20.
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
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