After taking up with the Ministry of Corporate Affairs,
Enforcement Directorate and other Central Financial institutions with regard to
the alleged financial fraud of Harrisons Malayalam Ltd, the state government
has initiated a Financial Implication Committee to look into all the financial
aspects of the company.
Revenue minister Adoor Prakash said that the government was taking very strong steps in getting
back all the lands in their illegal possession. A committee has been initiated for looking into all the financial aspects of the company,'he said.
Stating that the government will not deter from taking
back all lands from illegal encroachers in the state, he said that the revenue
secretary had held discussions with regard to the constitution of the
committee.
It is learned that the Financial Implications Committee
will be headed by Additional Chief Secretary K M Abraham. Revenue Secretary
Sathyajeeth Rajan and officials from the revenue are in the team. The Financial Implication Committee will be looking into
all the financial dealings of the company. It would include the production that
the company gets fdrom one unit area of land and also the profit that the
company had made from 1950.
source: The New Indian Express
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