Overview
- Former state spokesperson M. S. Kumar alleged that roughly 70% of borrowers and 90% of defaulters at his cooperative are BJP members, including office-bearers and cell convenors.
- Kumar said he will publish the names and dues of defaulters and claimed the outstanding loans total Rs 31 crore while deposits payable stand at Rs 38 crore.
- He tied the stress within cooperative societies to the September suicide of Thiruvananthapuram councillor K. Anilkumar, whose note cited heavy recoveries owed by “our people.”
- The Cooperation Department previously ordered an inquiry into alleged irregularities at the Thiruvithamcore Cooperative Society (No. T-1530), and depositors lodged police complaints.
- Kumar described severe personal stress and blamed misleading media reports for depositor panic as the BJP faces intensified scrutiny before local body elections in Thiruvananthapuram.