Sub-panel report corruption worth Rs 100 cr in Consumerfed

Kochi: A sub-committee headed by Satheesan Pacheny that carried out an inquiry into the complaints of financial fraud in Consumerfed found that financial irregularities worth Rs 100 crore. However, Consumerfed chairman Joy Thomas dismissed the report. The sub-panel report substantiates the inspection report by the internal vigilance that cited scam worth crores of rupees in Consumerfed. As per the sub-committee report, irregularities worth crores have been detected at the 13 centres of the federation. Chairman Joy Thomas spend Rs 30 lakh in the form of travel and accommodation expenses, it says. Meanwhile, Satheesan Pacheny who arrived at the board meeting was manhandled by a group of employees.

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