The Directorate of Enforcement (ED), Kochi Zonal Office, attached three immovable and two movable properties worth around ₹1.78 crore of M.K. Chandran, a former accountant of the Kerala Advocates’ Welfare Fund Trustee Committee, and his family members.
The properties were attached under the provisions of the Prevention of Money Laundering Act, 2002, said a communication from the ED.
The agency initiated investigation after the Vigilance and Anti-Corruption Bureau, Kerala, registered a first information report (FIR) on May 11, 2018 against Mr. Chandran and others under the Prevention of Corruption Act, 1988 and the Indian Penal Code, 1860.
The FIR pertained to the alleged misappropriation of funds of the Kerala Advocates’ Welfare Fund Trustee Committee during the period from 2007 to 2017. The investigation was later transferred to the Central Bureau of Investigation, which filed a final report on December 14, 2023.
According to the ED, Mr. Chandran, while working as the accountant, misappropriated funds by abusing his official position. The proceeds of crime, amounting to approximately ₹6.07 crore, were generated in the form of cash and subsequently diverted and layered through transfers to his personal bank accounts, as well as those of his wife and other related persons, according to the agency.
Published – January 22, 2026 10:47 pm IST
