Coimbatore company involved in Hawala
The special team constituted to curb hawala dealings recovered a Memorandum of Understanding on a land transaction worth Rs.400 crore from a house at Perinthalmanna, Malappuram on Thursday.The police team, constituted by Home Minister Kodiyeri Balakrishnan and led by IG (Ernakulam) Vinson M Paul, conducted raids on 16 houses which have been under the scanner for allegedly dealing in hawala money in the state.Paul said documents dealing with a land transaction at Coimbatore in Tamil Nadu, recovered from the house of Shamsudeen at Perinthalmanna in the district, are suspected to be part of a hawala deal since raising such a huge amount would be impossible for a person like Shamsudeen.He said the team would hand over the documents to the Directorate of Revenue Intelligence and hold talk with Customs and other investigating agencies. It was the arrest of Kodali Sreedharan that enabled the police department to trace the roots of hawala dealers in Malappuram district.The IG said the information gathered by the police from interrogating Sreedharan indicated that Malappuram was a major centre in Kerala in terms of hawala money. "The other major areas in Kerala are Kozhikode, Kasargod, Kannur and Thiruvananthapuram," he said.The team will initiate a further probe into Shamsudeen’s financial circumstances, and monitor him and others who have come under the team’s scanner. The team also recovered a pistol from a home during the raids. While reluctant to disclose the name of the person it was found with, the police said the recovered pistol was not one in common use.
