In a shocking case, healthcare professionals in Kerala are being accused of criminal breach of trust and cheating by a Kuwait-based bank due to a loan default of crores. One of the accused, Biju Moonjely Joseph, claims that he had taken the loan in 2015-16 while working as an X-ray technician in Kuwait and had been regularly paying instalments until he was forced to return to Kerala in 2020 due to the pandemic. He joins other defaulters who couldn't return to Kuwait or had sought relief from the bank earlier.
Healthcare Professionals in Kerala Accused of Loan Default and Cheating
In a recent development, healthcare professionals in Kerala have come under fire for alleged criminal breach of trust and cheating involving a loan default worth crores. The accusations stem from a loan taken by one of the accused, Biju Moonjely Joseph, from a Kuwait-based bank.
Background
Biju Moonjely Joseph, along with several other healthcare professionals, reportedly took loans from the bank while working in Kuwait. However, due to the COVID-19 pandemic, many of these individuals were unable to return to their jobs in Kuwait. Consequently, they defaulted on their loan repayments.
The bank subsequently initiated legal proceedings against the accused, alleging that they had intentionally misled the bank about their financial situation and ability to repay the loan. The bank also claimed that the accused had provided false documentation and breached their fiduciary duty.
Current Allegations
The current allegations against the healthcare professionals include:
Biju Moonjely Joseph has denied the allegations, claiming that he had been regularly paying instalments on the loan until he was forced to return to Kerala due to the pandemic. He has also stated that he had informed the bank about his situation and sought relief.
Top 5 FAQs
1. What is the total amount of the loan default?
The exact amount of the loan default has not been officially disclosed.
2. How many healthcare professionals are involved in the case?
The number of healthcare professionals involved in the case is unknown.
3. What are the penalties that the accused may face?
The penalties for criminal breach of trust and cheating can include fines, imprisonment, or both.
4. Have any of the accused been arrested?
There is no information available regarding any arrests in connection with this case.
5. What are the implications of this case for healthcare professionals in Kerala?
The case has raised concerns about the financial practices of healthcare professionals in Kerala, and may lead to increased scrutiny of their borrowing activities.
Conclusion
The allegations of loan default and cheating against healthcare professionals in Kerala have highlighted the challenges faced by individuals who are unable to repay their loans due to unforeseen circumstances. It remains to be seen how the legal proceedings will unfold and what the ultimate consequences will be for the accused individuals.
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