By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Cashew scam: Kerala HC slams State govt for denying nod for CBI probe
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Cashew scam: Kerala HC slams State govt for denying nod for CBI probe

India News

Cashew scam: Kerala HC slams State govt for denying nod for CBI probe

India Times Now Desk
Last updated: November 17, 2025 5:05 pm
India Times Now Desk
Published: November 17, 2025
Share
SHARE


The Kerala High Court has slammed the State government for denying sanction for a CBI probe against R. Chandrasekharan, former chairman of the Kerala State Cashew Development Corporation (KSCDC), and P.A. Ratheesh, former managing director, KSCDC, in an approximately ₹600-crore corruption case involving the import of raw cashew between 2006 and 2015.

A Bench of Justice A. Badharudeen on Monday wondered whether the government that was committed to ensuring rule of law and fighting corruption was protecting persons facing corruption allegations in the case. The court was hearing a contempt plea filed by Kadamkampally Manoj of Kollam, alleging corruption in the import of raw cashew nuts by the Kerala Cashew Board (KCB) and the State’s refusal to grant sanction for the CBI probe in the matter.

The High Court had ordered an inquiry into the alleged scam in 2015, given its international ramifications. The CBI had reportedly found that procedural violations, opacity in tender modalities, and possible attempts to fix bids had cost the public exchequer ₹600 crore, which reportedly accorded a corresponding benefit to cashew suppliers and their middlemen.

The agency had reportedly found that the KSCDC had purchased raw cashew at higher than prevailing international market rates. Lack of accurate price data on cashew had allegedly resulted in opaqueness in procurement. It also allegedly found that the order to the original bidder had changed hands multiple times through contracts on High Sea Sales (HSS), raising the possibility of fraud in the tendering process and money laundering.

The matter has been posted for hearing the coming week.

Published – November 17, 2025 10:35 pm IST



Source link

Cusat Joint Registrar electrocuted – The Hindu
KSEB eyes medium-term power procurement to handle peak demand
Soldier posted in Assam saves baby on train
Work at illegal resort construction site around Avalanche Dam halted
R. Venkataramani re-appointed as Attorney General
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Reining in medicine prices despite war impact on pharma inputs: Official

India Times Now Desk
India Times Now Desk
April 9, 2026
Kerala Assembly Elections 2026: Satheesan writes to CEO opposing move to suspend e-Office
Rare earths gain amid U.S. effort to beat China’s dominance
Maamla Legal Hai S2 Trailer: Ravi Kishan’s VD Tyagi becomes the judge, set to handle bigger cases | Watch
Assailants open fire at gram panchayat member on Bengaluru outskirts
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?