Money laundering scandal Jaleel Panakkad family join forces against Kunhalikutty

  • | Thursday | 5th August, 2021

The ED has issued a second notice to Thangal in a money laundering case related to Chandrika of which Thangal is the chairman and managing director. Mueen Ali Shihab Thangal at a press conference in Kozhikode on Thursday. Even the ED knows that Kunhalikutty is the real culprit" Jaleel told reporters in the Media Room of the Legislative Complex on Thursday. "He was betraying Thangal and the Panakkad family" Jaleel a former League member said. "Only then will they summon Kunhalikutty instead of Thangal" Jaleel said.

Kozhikode: In what can be seen as either a coincidence or a collaborative effort the next generation of the Panakkad Thangal family and Muslim Leagues nemesis K T Jaleel have simultaneously charged the League general secretary P K Kunhalikutty of trapping the Leagues spiritual head Panakkad Sayed Hyderali Shihab Thangal in a money laundering scandal. While Jaleel had been raising the issue for two consecutive days in the Assembly Thangals son Mueen Ali Shihab Thangal sprang a surprise during a Press Meet called at the League House in Kozhikode on Thursday to defend the League. Butting in during the media interaction Mueen Ali said P K Kunhalikutty and Ebrahim Kunju were responsible for the notices issued to his father by the Enforcement Directorate. "Kunhalikutty was also the cause of Hyderali Thangals deep emotional distress" said Mueen Ali who is also the vice president of the National Youth League. The ED has issued a second notice to Thangal in a money laundering case related to Chandrika of which Thangal is the chairman and managing director. Thangal is also said to be ill and bedridden for over a month. Never before has the Panakkad family faced such a situation" Ali said. He said the sordid affairs in Chandrika was the result of mismanagement by the dailys finance director Shameer a nominee of Kunhalikutty. He wanted a probe to be instituted after suspending Shameer. Mueen Alis unexpected outburst led to unseemly scenes at the League House. A Muslim League worker barged into the press conference hall threatened Ali and showered him with abuses. Mueen Ali Shihab Thangal at a press conference in Kozhikode on Thursday. Mueen Alis surprise attack came minutes after Jaleel urged the ED to withdraw the notice sent to Thangal and instead redirect it to Kunhalikutty. "Thangal has no idea of the transactions that had taken place in Chandrika. Even the ED knows that Kunhalikutty is the real culprit" Jaleel told reporters in the Media Room of the Legislative Complex on Thursday. He said Kunhalikutty had used the accounts of Chandrika Daily to launder black money. "He was betraying Thangal and the Panakkad family" Jaleel a former League member said. The former minister likened Chandrika daily to a "destitute pujari" of an immensely wealthy temple. "Chandrika has run up provident fund arrears of Rs 5 crore. Its employees are not even paid their salaries. The management has to pay Rs 6 crore to the firm where the paper was printed in the UAE. However in the name of such an outstanding amount Kunhalikutty and his handpicked men had collected four and a half million UAE Dirham. But not a single rupee from this has been used to repay the UAE printing firm" Jaleel said. In fact Kunhalikutty himself has said that Thangal had no connection to the financial dealings of Chandrika. Jaleel however wants Kunhalikutty to inform this in writing to the ED. "Only then will they summon Kunhalikutty instead of Thangal" Jaleel said.

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Latest Kozhikode headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles