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.

Vijay Gets Governor’s Nod to Form Government; Oath at 11 AM Tomorrow?

TVK chief Vijay meets Tamil Nadu Governor to stake claim to form government after the party secured majority support. So...

All Hurdles Cleared for Vijay as VCK, IUML Extend Outside Support to TVK

VCK and IUML have reportedly extended outside support to Vijay-led TVK, significantly strengthening the party’s numbers...

TNAU Coimbatore Organizes Millet Value-Added Food Products Training on May 12-13

Tamil Nadu Agricultural University, Coimbatore, will conduct a two-day training program on May 12-13, 2026, focusing on...

Tamil Nadu Agricultural University Conducts Organic Farming Training on May 13

Tamil Nadu Agricultural University's Nammalvar Organic Farming Research Centre in Coimbatore is conducting a paid organi...

Coimbatore District Honours Election Awareness Contributors for 2026 Assembly Polls

Coimbatore District Administration conducted a special recognition ceremony at IMA Hall to honour individuals and organi...

Left Support Pushes Vijay Closer to Majority; All Eyes Now on VCK’s Crucial Seat

Support from the CPI and CPI(M) could take Vijay-led TVK close to the majority mark, with all eyes now on the VCK’s deci...