Union Home Ministry Collaborates with Kerala Police on Kuwaiti Bank Fraud Investigation
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Kochi, Dec 16 (NationPress) With 10 FIRs filed by the Kerala Police against Keralites who departed from Kuwait after acquiring bank loans, the Union Home Ministry is taking this issue very seriously and has reached out to the police.
Approximately 1,425 Keralites, which includes 700 nurses, have left Kuwait and relocated to other nations, with the total amount of unpaid loans estimated around Rs 700 crore.
A delegation from the Union Home Ministry has already initiated contact with the Kerala Police, considering this matter as a significant concern since it involves fraudulent activities against a well-known bank in Kuwait.
Officials from the Home Ministry have requested information regarding the cases logged by the Kerala Police and will soon communicate with the Kuwaiti bank to obtain a complete list of loan defaulters.
Interestingly, last month, Kuwaiti national Muhammad Abdul Vassey Kamran, a senior official from the Gulf Bank, which is located at Al-Qibla, Mubarak-Al Kabeer Street, Safat, Kuwait, visited Kerala and met with the state police chief.
Following his complaint, the Kerala Police promptly registered 10 FIRs, and an investigation is already underway.
The Kuwaiti bank is particularly frustrated as many loan recipients, predominantly nurses who worked with the Kuwaiti Health Department, have already departed for countries such as UK, Australia, Canada, and New Zealand.
The Kerala Police have decided to handle this case with utmost seriousness, assigning it to an official of Inspector General of Police rank, who has formed a dedicated team for the investigation.
This fraud was uncovered when the Kuwaiti bank authorities detected defaults in loan repayments. Upon further investigation, it was revealed that many borrowers, who had loans ranging from Rs 50 lakh to over Rs 1 crore, had left Kuwait for other countries and for India.
Another alarming discovery is that these defaulters had previously gained the bank's trust by consistently repaying their earlier loans without any issues.
Given the seriousness with which both the Kerala Police and the Union Home Ministry are approaching this matter, stringent actions will be implemented if defaulters do not fulfill their repayment obligations.
Additionally, there are plans to take the drastic measure of revoking nursing licenses for healthcare workers who are defaulters.
