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The action was taken under Rule 10 of the Kerala Civil Services (Classification, Control, and Appeal) Rules, 1960, citing serious disciplinary violations.
The order directed the recovery of the funds along with an 18 per cent interest and instructed a departmental investigation into the matter.
Cops make victims go in circles and register cases under Banning of Unregulated Deposit Schemes Act only after court directives.
MS Solutions is completely cooperating with the probe, said the channel CEO.
Further investigation revealed that the accused had committed similar fraudulent activities across several states. He was nabbed from Goa.
A team of Malappuram cyber police arrested Nisar Sanger (50) son of Ibrahim after finding him as the kingpin of the racket.
Kasaragod Municipality's section clerk Pramod Kumar, revenue inspector Ranjith and former revenue officer A P George, who is now a junior superintendent at LSGD's Joint Director's Office in Ernakulam are booked in the case.
The accused, Mithilaj, a resident of Azhikode in Kannur district
The accused, Farijan (45) from Ponthel Valappil, Kothakulam, had pawned fake gold worth Rs 1.99 lakh at a private finance company.
The accused are Tajuddin, Ramees, and Abdul Malik, all natives of Kaipamangalam.
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