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Suicide of former panchayat member; No seizure notice sent, spreading false news

Iringalakuda: The information {that a} former panchayat member has dedicated suicide after receiving a foreclosures discover on a mortgage from the Karuvannur Service Co-operative Financial institution is unfaithful, says Karuvannur Service Co-operative Financial institution secretary-in-charge ES Sreekala.

TM Mukundan, a former Porathisery panchayat standing committee chairman and Congress chief, pledged his home and land to the financial institution on March 3, 2018. He additionally joined the occasion as a guarantor in 2019. One other mortgage of Rs 30 lakh is at present in arrears within the financial institution. In February 2021, the financial institution despatched him a discover asking him to repay the mortgage, after which he agreed to return on to the financial institution and ask for a delay.

Nevertheless, the financial institution has not despatched any discover to him or some other occasion since then and neither the Co-operative Division officers nor the financial institution staff have gone to his home for foreclosures proceedings. Secretary-in-charge Srikala stated that the rumors circulating that the previous panchayat member had dedicated suicide after the financial institution issued a foreclosures discover had been unfaithful and that the media ought to withdraw the information.

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