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Last Updated Thursday January 24 2019 06:52 AM IST

Let Binoy Kodiyeri stay put in Dubai: brother plays down travel ban

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Let Binoy Kodiyeri stay put in Dubai: brother plays down travel ban Kodiyeri Balakrishnan's sons - Binoy, Bineesh

Thiruvananthapuram: Bineesh Kodiyeri, son of CPM state secretary Kodiyeri Balakrishan, on Monday confirmed that his brother Binoy, who faces a case of fraud in Dubai, has been slapped with a travel ban in the UAE.

"Let him stay put in Dubai. There is no urgent need for his return," Bineesh told reporters.

Binoy, accused of cheating in Dubai-based JAAS Tourism LLC of Rs 13 crore, will not be able to return to Kerala from Dubai till the ban is lifted, Manorama News reported on Monday. A civil case was filed against Binoy in the Gulf country based on the company's complaint.

"We have never claimed that there was no case against Binoy. However, the case is only for 1 million Dirham. When you convert it in Indian rupees it only amounts to Rs 1.72 crore. But the media is falsely reporting a fraud of Rs 13 crore," Bineesh alleged.

He also said it was wrong to point fingers at his father. "How can a father be blamed for the actions of grown-up children?" Bineesh asked.

Binoy had flown to Dubai last week to settle the issue after getting a clearance certificate from the UAE criminal investigation department on January 25. Travel restrictions were imposed despite he getting a clearance certificate from the Dubai police.

The company claimed that the accused borrowed 3,13,200 UAE Dirhams (approximately Rs 53.61 lakh) on collateral security for purchasing an Audi car, and 45 lakh UAE Dirhams (approximately Rs 7.7 crore) for investing in business ventures in India, UAE, Saudi Arabia and Nepal.

He had given an assurance that the amount borrowed for business purposes would be repaid before June 1, 2016.

It was alleged that the accused defaulted on repayment of the car loan midway. The remaining amount to be paid was 2,09,704 UAE Dirhams (approximately Rs 36.06 lakh).

Company seeks to recover Rs 13 crore, including bank interest and litigation expenses, from him. The company alleged that the accused had five other criminal cases pending against him in Dubai courts and it was obvious that he availed the loan with wicked intentions.

The issue has kicked up a political storm in Kerala with the opposition parties demanding that Kodiyeri step down from his position.

Read more: Latest Kerala news | Jumbo bites off mahout's hand while feeding it bananas.

The opinions expressed here do not reflect those of Malayala Manorama. Legal action under the IT Act will be taken against those making derogatory and obscene statements.

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