Financial Mismanagement Allegations Surface Against BJP-Controlled Kerala Cooperative Society
Allegations of financial mismanagement have emerged against the BJP-controlled Peringammala Labour Contract Cooperative Society amid the ongoing Kerala local body election campaign. A report from the Cooperative Department has ordered the society’s office-bearers to repay ₹4.16 crore to cover losses incurred during their tenure.
The report, now in the public domain, has stirred political debate, with opposition parties highlighting it as an example of misgovernance and lack of accountability. BJP leaders, however, have denied any wrongdoing, calling the allegations politically motivated due to the proximity of the elections.
The controversy adds to the charged atmosphere of the local body polls, where financial propriety and administrative competence are becoming key issues for voters. The Cooperative Department has reportedly started further investigations to ensure transparency and accountability. Analysts suggest the episode could influence voter perception in areas where cooperative societies play a significant role in local employment and development.
