Kochi, Sep 29 (PTI) The Vigilance and Anti-Corruption Bureau (VACB) has registered a case and launched an investigation into alleged irregularities worth over Rs 6.33 crore at a women's cooperative society here in Muvattupuzha, officials said on Monday.
The case has been registered against 13 persons, including the president, secretary, and board members of the Mulavoor Vanitha Cooperative Society Limited.
According to the FIR, between April 1, 2021, and March 31, 2022, the secretary, clerk, attender, president, and nine directors of the society allegedly conspired to misuse their official positions.
They are accused of forging documents to show that 12 per cent interest was paid on deposits, while, in reality, only eight per cent was disbursed, misappropriating the difference, it said.