THRISSUR: The Crime Branch on Monday arrested TR Sunil Kumar, the main accused in the Karuvannur bank scam. Sunil Kumar, former secretary of the CPM Karuvannur local committee, was the former secretary of the Karuvannur co-operative bank. He will be produced before the Irinjalakuda Magistrate’s court on Tuesday. The other five accused are absconding. It is alleged that the accused surrendered after receiving legal advice that he was not likely to be granted anticipatory bail. The failure to arrest the culprits even after three weeks of filing a case of fraud of Rs 300 crore had drawn sharp criticism.
According to the crime branch, the accused, who was hiding at a relative’s house in Amala Nagar in Thrissur, was arrested on the basis of confidential information. He surrendered by around 4.40 pm after the police surrounded his relative’s home.
Five accused, including Sunil Kumar, had approached the high court seeking anticipatory bail. It was also alleged that the police had been delaying the arrests so that the accused could secure bail. Things moved to surrender after Sunil’s bail application was postponed by the High Court. Other accused in the case are MK Biju Kareem, CK Giles, Kiran, AK Bijoy, and Reji Anil. The police have intensified the search for them in other states as well.