Nation Current Affairs 09 Feb 2018 Non Resident Keralit ...

Non Resident Keralite businessmen step in to save Binoy Kodiyeri

DECCAN CHRONICLE.
Published Feb 9, 2018, 1:22 am IST
Updated Feb 9, 2018, 4:02 am IST
Mr Binoy who is in Dubai has been directed by the court to deposit his passport with the court as per the order issued on February 1.
Binoy Kodiyeri
 Binoy Kodiyeri

THIRUVANANTHAPURAM: Hectic parleys are on in Dubai to settle the case against CPM state secretary Kodiyeri Balakrishnan's son Binoy Kodiyeri in connection with non repayment of loan worth Rs 1.74 crore to a tourism agency. With just two weeks left for the party state conference beginning in Thrissur, the leadership is keen to find a solution to the financial fraud allegations against the state secretary's son. It is believed that if the issues remained unresolved it could cause major embarrassment to the CPM leadership during the state conference.

Moreover, they fear that the issue could come up at the party Congress in Hyderabad. A Dubai court had imposed travel ban against Mr Binoy following a civil case filed by JAAS Tourism LLC owner Hasan Ismaeel Abdulla Almarzooqui. Mr Binoy who is in Dubai has been directed by the court to deposit his passport with the court as per the order issued on February 1. He will be permitted to travel outside Dubai only after depositing 1 million dirhams (nearly Rs 1.74 crore) and legally settling the case.

 

Though Mr Binoy has gone in for appeal against the verdict, the travel ban against him is unlikely to be lifted till the money is repaid. It is in this backdrop that efforts are being made to help Mr Binoy settle the amount and get a clean chit. Dubai based journalists have reported that a section of NRK top businessmen is carrying out the conciliatory talks. The best possible option at the moment is to reach a compromise on the financial settlement. Once the money is repaid, the complainant could give a consent letter for withdrawing the case and travel ban .

Apart from Mr Binoy, the CPM leadership is also concerned about the new details emerging from Dubai about the number of cases against Chavara MLA Vijayan Pillai's son Sreejith. There are several cases pending against him in various police stations in Dubai. All are related to financial issues, non repayment of loans and cheques not getting processed due to insufficient funds.  The total money involved in these cases is to the tune of  Rs 17.5 crore. Mr Sreejith is reportedly facing case in labour court on the charges of non payment of salaries to the staff in his manpower recruiting agency and dance bars.

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Location: India, Kerala




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