Kerala CPM leader Kodiyeri's son trapped in financial fraud; Crude oil import deal reveals BJP nexus?

Since BJP leaders from Kerala had no influence on Central ministry, Binoy Kodiyeri allegedly sought the help of BJP leaders from Karnataka using the image of Kodiyeri Balakrishnan, Communist Party of India (Marxist) state secretary and senior communist leader. Binoy had stayed in an expensive room at UB City, Bangalore for the deal

Kerala CPM leader Kodiyeris son trapped in financial fraud; Crude oil import deal reveals BJP nexus?

Binoy Kodiyeri, son of Kerala CPI (M) leader Kodiyeri Balakrishnan, who landed in a financial fraud received Rs 13 crore as advance amount from a Dubai based company after he offered crude oil deal with major oil companies like Indian Oil Corporation and ONGC. A complaint received by party leadership alleges Binoy, who acted as a middleman for the deal had to convince the company that his father had close association with BJP national leaders.

Binoy reportedly convinced the investors that they could ink the deal with crude oil companies to import petroleum products to the country. People who fell into trap had handed over the cash after they had been convinced Kodiyeri Balakrishnan's 'association' with BJP leaders, complaint says. Since BJP leaders from Kerala had no influence on Central ministry, Binoy Kodiyeri allegedly sought the help of BJP leaders from Karnataka using the image of Kodiyeri Balakrishnan, Communist Party of India (Marxist) state secretary and senior communist leader. Binoy had spent Rs 22,000 a day for an expensive room at UB City, Bangalore when he had been in the city for the deal. Binoy had stayed at seven star hotels owned by Leela group when he visited Mumbai and New Delhi for the deal. Single malt whisky was his favorite where he spent huge amount for boozing.

Though he tried to meet BJP national president Amit Shaw with the help of BJP leaders from Karnataka, his effort went in vain. Following this, people started asking about the deal and Binoy had not a clear answer. Meanwhile, Kodiyeri Balakrishnan reportedly offered repayment of Rs 13 crore. But that too went in vain. As constant efforts to take the money back had failed, the news reached to VS Achuthanandan, senior most CPI (M) leader and former Kerala chief minister.

Finally details about the scam had reached to CPI (M) general secretary Sitaram Yechuri and later leaked to Malayala Manorama reporter in Delhi. Reports say that if the allegations related to the scam are mooted, all documents in the issue would reach to the party leadership. Reports, however say CPI (M) leadership is conspiring with BJP leaders to play down the issue. Binoy was doing the liaison work for Dubai based company.