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It's Binoy Kodiyeri: CPM Kerala chief's son accused of cheating in Dubai

It's Binoy Kodiyeri: CPM Kerala chief's son accused of cheating in Dubai”

The company had to approach the politburo since the deadline for settling the fund had expired and there was no move from the party leader's son to settle the money.

While it is not clear from the document dated January 5, 2018, if the complaint was lodged with police or the consulate-general of India in Dubai, it has details of transactions allegedly made by Binoy before he returned to India.

It would also boost the morale of the Bengal faction rallying around party General Secretary Sitaram Yechury, whose proposal to reach an electoral understanding with the Congress had been repeatedly shot down in internal forums in recent times. The complaint says that Binoy, using his liberty in JAAS Tourism through Rakhul Krishnan, borrowed 313,200 Dirhams from the company account holding banks for buying a vehicle.

Hasan accused Binoy of not repaying Rs 36 lakh of the auto loan, and having "escaped from the UAE to India" before the due date of repaying the loan he had taken for business. "Before the committed date of repayment of the other loan amount... Binoy...escaped from the UEA to India", he has said. "There is no case against him as of now. I don't know why there are such baseless allegations against me", read the statement issued here.

"Since the Dubai public prosecution proclaimed Mr Binoy Vinodhini Balakrishnan as a wilful defaulter in the UAE, the court had asked us to file Interpol request so as to bring him back to Dubai to get our money or to bring him under justice", Almarzooqi said his complaint. He has said his company initiated the procedure in the Dubai criminal court, so that the Interpol could serve a red warrant to their Indian counterparts to arrest him and bring him back to UAE.

Reacting to the news, Binoy claimed that the deal was already settled in 2014 and said he would soon submit those documents in the Dubai court. In fact, the outstanding amount was only 1 million dirham. Hence, I moved the court, which on November 4 past year, ordered me to pay a fine of 60,000 dirham.

Kerala CPM state Secretary Kodiyeri Balakrishnan's son Binoy Kodiyeri, who is facing allegations of financial fraud leveled by a Dubai-based company in which he was a business partner, had changed his name in the official passport details. "He (Binoy) will answer the allegations". The CPI (M) need not interfere in the issue as this is not a political matter involving the party, " he said.



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