Summary:
Considering a complaint filed by social activist Giresh Babu, VACB Director Jacob Thomas ordered VACB Ernakulam Unit to conduct an inquiry. The construction work for the regulator-cum-bridge was allotted to Seguro Foundation and Structures which was already facing a VACB probe into the construction of a regulator-cum-bridge at Chamravattam, Malappuram. Kurian; five officials of the Irrigation Department and Rajeev C V, Managing Director of Seguro Foundations and Structures Pvt. As per the complaint, the project has caused the State exchequer a loss of ?100 crore. The next UDF government, however, made several alterations in the original project and upgraded it to a more expensive regulator-cum-bridge..