ED names Kerala CPM units laundering scam accused

The Enforcement Directorate has accused Kerala district units of the CPM in a money laundering case stemming from a ₹150 crore embezzlement at the Karuvannur Cooperative Bank, marking the second time a political entity has been named as an accused after AAP. Investigations revealed that local CPM units maintained undisclosed accounts with cooperative societies, holding significant balances and fixed deposits.