Kerala High Court Directs ED To Probe Alleged Fraud Of ₹24 Crore In Edamulackal Co-Operative Bank

The Kerala High Court directed the Enforcement Directorate (ED) to register a case regarding the alleged fraud at the Edamulackal Co-operative Bank. The fraud involves a large sum of money being misappropriated, and the Court emphasized the importance of investigating the financial discrepancies in the institution. The order came after the ED had initially refrained from action, citing insufficient evidence. The Court's intervention underscores the need for swift action in cases of financial fraud, especially in cooperative banks, to protect public interest and prevent further financial loss.