This Kerala microfinance fraud case is getting more uncomfortable now,because Kerala High Court itself has started questioning how investigation is moving . And when case is about ₹15.85 crore meant for people from marginalized communities,slow progress is not small thing ah.
On June 19,2026 ,Justice A. Badharudeen raised concerns over ongoing investigation linked to Sree Narayana Dharma Paripalana (SNDP) Yogam and its General Secretary,Vellapally Natesan . Allegation is about misappropriation of funds,and honestly,that already makes whole matter sensitive .
Earlier,court had asked S. Sasidharan ,Superintendent of Police in the Vigilance and Anti-Corruption Bureau (VACB),to finish investigation by June 20, 2026 . But during proceedings,Justice Badharudeen did not sound happy with pace of work.
Court noted that officer had repeatedly asked for extensions and had not thoroughly pursued case . That line itself says lot,because when court starts saying investigation is not being handled properly,pressure clearly shifts to investigating side only .
Few things standing out clearly in this case:
- Case dates back to 2016 and involves loans from 2003 to 2014.
- Funds meant for marginalized communities were allegedly misused.
- Justice A. Badharudeen is monitoring investigation progress closely.
And tbh,this is where matter becomes bigger than just one fraud file . Microfinance scheme was supposed to support members of marginalized communities in Kerala and help them financially . If money meant for that purpose was misused,then trust damage is huge.
The petitioner,M.S. Anil from Cherthala,has been pushing for proper investigation . Because of that,this case was assigned to Special Investigation Team (SIT) headed by Sasidharan in November 2024 . But now,with court openly unhappy,question is whether same officer will continue.
Justice Badharudeen has also said that if investigation is not completed within three weeks,court may consider appointing different officer . That is pretty direct warning,and it shows court wants accountability and faster action,not more delays .
But bigger issue is still hanging there . When funds are created in name of vulnerable people,who actually checks where money goes,and how many such cases are waiting silently without anyone noticing…
