Kerala: Cooperative bank fraud; ED confiscates Moideen’s property worth Rs 15 crore

The confiscation of Moideen’s properties comes close on the heels of the continuous  Enforcement Directorate (ED) raids at the former minister’s house which took more than 22 hours on August 23. According to reports, the confiscation is in view of the ED’s findings of Moideen’s involvement in the bank fraud.

ED had recently frozen the bank accounts of Moideen. Accounts in the names of Moideedn and his wife have been frozen on the basis of two orders. They are of bank deposits and fixed deposits worth Rs 28 lakhs.

Also, bank accounts of another three individuals have also been frozen. Those bank account holders are alleged to be Moideen’s benamies. The allegations against Moideen, in this regard, have been in the air since long.

Moideen had said that the ED aimed at making him an accused and put him in the web of suspicion and keeps on hounding him. He had added that the raid at his home was based on some one’s statement that he had helped somebody to avail a loan, of course, off the straight forward track. He had said, he was ready to cooperate with any investigation since he had nothing to fear or hide.

Now, CPM leaders maintain that the whole affair is frivolous. They allege that the Union government, led by BJP, misuses ED and IT department for political vendetta. They say that Moideen is a thorough gentleman and his life is transparent.  But, when asked about the involvement of CPM leaders and men, they flaunt a readymade answer – “We have expelled them from the party positions”.

However,  BJP and other opposition parties are not at all ready to accept the CPM’s version. They know that it is nothing but an ‘unprofessional excuse’. It has turned into a cliché before the people; they use it quite often.

Few years back when a party MLA faced allegations of sexual abuse, they removed him from party positions for a few months. Still he continued as an MLA and he could even shared the dais with the CM in his capacity as MLA. An investigation team appointed by the party itself conducted the enquiry. Even though the complaint was lodged by a woman DYFI leader, party commission found that the accusation did not have the gravity she claimed. Later on a senior woman leader of CPM had publicly stated that her party possessed own police and court.

Similarly, CPM leaders keep on saying that they have discussed the issue in party fora. In another words CPM asks the people to believe what their leaders say when their party men’s involvements are alleged in one or other controversies. Naturally people wonder if CPM stands for their partymen and leaders alone.

They question, if CPM has any commitment towards the people. Even party’s rank and file are confused. They have to satisfy with what their leaders assert. Impartial observes believe that CPM follows the methodologies communist parties follow in countries where they are at helm. They cite the examples of North Korea, Cuba, Vietnam, China and old Soviet Union.