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.

‘Dengue Awareness Street’ Event Held in Coimbatore

Coimbatore Corporation held a Dengue Awareness Street programme on September 19, 2026, in Gandhipuram and New Sithapudur...

Coimbatore Launches 43 Electric Vehicles Worth ₹86 Lakh and a Rabies Vaccination Camp for Stray Dogs

Coimbatore Corporation flagged off 43 electric vehicles worth Rs 86 lakh for solid waste management at RS Puram Kalaiara...

Gudalur Municipality Steps Up Dengue Mosquito Eradication Drive Across 27 Wards

Coimbatore Gudalur Municipality has intensified mosquito and larvae eradication work across all 27 wards to prevent deng...

Burglar Finds No Gold or Cash, Ransacks House and Leaves a ‘Sorry’ Behind

A burglar who broke into a locked house in Coimbatore’s Ramanathapuram area expecting to find cash and jewellery reporte...

GKNM Hospital Launches Coimbatore's First Healthcare AI Centre of Excellence

Coimbatore’s GKNM Hospital has launched a Centre of Excellence in Healthcare AI in association with IISc Bengaluru and T...

Coimbatore Power Cut Tomorrow (19.09.2026): 13 Areas to Be Affected

Coimbatore will face a power cut tomorrow, September 19, 2026, from 9 am to 4 pm due to monthly maintenance work at the...