Puzhakkal, TRISSUR : LDF-backed Sahakarana Samarakshna Munnani records sweeping election victory at Adat Farmers Bank that for the past seven years remained under Administrator’s governance.
The Sahkarana Samrakshana Munnani panel comprising Abhin Shankar, CR Paulson, PD Pratish, CR Baiju, CD Baiju, TK Murugan, CK Ravindran, KA Sukumaran, Priya Ratheesh Kumar, Bindu Purushothaman, Sindhu Baburaj, KC Velayudhan and TO Varghese, won with margin of more than 450 vores. The BJP candidates got close to 400 votes while the UDF candidates secured less than hundred votes.
The Adat Farmers Bank governed by the LDF’s administrative committee was dissolved by UDF under the Oomen Chandy government. After this the bank went under Administrator’s rule and 4464 people were illegally inducted as members. UDF then used the new members to take back controls of the bank. The Cooperatives Department unearthed a number of malpractices under the new governance and the members ended up having to pay Rs 60 lakh each to the bank in surcharge.
Since dissolving of that administration committee, the UDF government would harass each new Administrator with cases to pressurise. as they attempted to unravel the corruption and malpractices. executed The current elections took place after UDF lost each of those cases in court.
