Kerala cashew import scam: K.A. Ratheesh resigns from three key posts amid CBI corruption charges
K.A. Ratheesh, a former managing director of the Kerala State Cashew Development Corporation, has resigned from three key government posts following corruption charges filed by the CBI. The Kerala High Court had previously criticized the state for allowing officials facing serious corruption allegations to remain in influential positions.
After the Central Bureau of Investigation (CBI) submitted a report to the Kerala High Court stating that offences under the Prevention of Corruption Act, 1988 (PCA) had also been added to the charges against K.A. Ratheesh, former managing director of the Kerala State Cashew Development Corporation (KSCDC), in connection with the alleged misappropriation of funds in the import of raw cashew, he resigned from the three key posts he had been holding.
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