Co-operative Thrift and Credit Society Money laundering case: Coimbatore court's verdict

A court in Coimbatore has sentenced a clerk of the Coimbatore PWD Co-operative Thrift and Coin Society to three years in jail for misappropriating Rs 9,000.


Coimbatore: After a gap of 20 years, the Coimbatore district court has ruled in a case of misappropriation of money in the Public Works Employees' Co-operative Thrift and Coin Society functioning on the agricultural university campus.

Nagaraj, who was serving as secretary of the Public Servants' Co-operative Thrift and Coinage Society functioning in the coimbatore agricultural university campus between 1993 and 1994, and vijayakumar, a clerk, were accused of misappropriating Rs 9,000 from the amount paid by the members of the association.

The deputy registrar of the co-operative society Mahendran lodged a complaint with the commercial crime branch police in this regard. Based on the complaint, a case was registered in 1995 and the investigation began in 2001. One person was acquitted in the case.

Co-operative secretary Nagaraj, vice-president Sundaram and president Mohandas died due to ill-health. For more than 20 years, the trial in the case has been going on in the JM-IV court in Coimbatore.

Prasanna Venkatesh appeared on behalf of the government. Justice Saravanababu sentenced the accused clerk Vijayakumar to three years in jail and imposed a fine of Rs 2,000 on him. The court also allowed Vijayakumar to file an appeal.

Park Group of Institutions Holds Spark 2026 Freshers' Day for 1243 Students

Spark 2026, the First Year Orientation and Freshers' Day, was held on 17 September 2026 at Park Group of Institutions' P...

Coimbatore Peelamedu Ward 27 Councillor Inspects Multiple Corporation Works

Coimbatore Corporation North Zone Ward 27 councillor Ambika Thanapal inspected multiple works in Peelamedu on September...

Water Levels Rise in Aliyar, Parambikulam and Sholayar Dams

Water levels in three Coimbatore-region dams rose on September 17 due to continuous rainfall in their catchment areas, w...

Freshmen Induction Programme Held at Karpagam College of Engineering

A motivational session for first-year B.E./B.Tech. students was held on 10 September 2026 at 9:30 a.m. at C-Block, LBS H...

Coimbatore Corporation Commissioner Inspects Development Works in Wards 12, 13

Coimbatore Corporation Commissioner Katta Ravi Teja inspected development works on September 17, 2026 in North Zone Ward...

UP Anti-Terrorist Squad Arrests Coimbatore Youth in Alleged AQIS-Linked Online Activities

The Uttar Pradesh Anti-Terrorist Squad (ATS), with the assistance of the Tamil Nadu ATS, has arrested 19-year-old Maqsoo...