The Chief Conservator of Forests and custodian of vested forests, eastern circle, Palakkad, has reported to the district police chief, Palakkad, that the village mentioned in the deeds of 70.44 acres out of the 283 acres of Shernelly estate managed by power of attorney K K Abraham doesn’t exist.
‘’All the 13 properties for which K K Abraham holds the power of attorney are to be verified to ascertain whether false addresses have been used in their deeds also. The name of the village mentioned in the deeds is Thrikkanalvattom, Ernakulam. On inquiry it is understood that there is no such village in Ernakulam district,” said a letter of CCF dated February 1, 2012, a copy of which is part of the documents ‘Express’ obtained under RTI.
Also, the documents of registration in Nenmara sub-registrar office (document No 641/78 to 747/78) point out that the power of attorney holder and witness to the registration are one and the same person.
“Those documents have been used to avail of loan from the SBI, Palakkad. The lessees of the estate have only limited leasehold right whereas they have availed of loan after mortgaging the property stating that they have free marketable right on the property.
‘’They have also failed to repay the loan thereby forcing the bank to file OS before sub-court, Palakkad, with prayer to decree to sell the property. Shernelly estate is reserved forest and hence no one can sell it under any circumstances.
“The collusion between the bank and lessees in sanctioning the loan is to be inquired into,” said the letter.
Regarding Miraflores estate, a letter by Principal Secretary, Forest and Wildlife, dated August 22, 2011, and a report by Finance Inspection Wing in Kerala State Industrial Development Corporation (KSIDC), Ernakulam, revealed that the estate owners had conducted gross violations.
Miraflores took a loan of `9.98 crore from KSIDC. “The collateral security pledged (in KSIDC) was not enough to cover the loss. This highlights the role of KSIDC officials with an unholy nexus with the company promoters in accepting the collateral securities” says the report.
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