The
order is a follow-up on the Cabinet decision to move the Special Judge
and Enquiry Commissioner, Thrissur, trying the palmolein case, for
permission to withdraw the case under Section 321 of the Code of
Criminal Procedure, 1973
Palmolein Oil Import Scam
Palm Olein Import Scam (Palm Olein Case, Palm Olein Corruption Case, 1991–92) are the alleged irregularities in the import of palm olein by K Karunakaran led UDF Govt of the State of Kerala through the Power and Energy Limited Company
Kerala Govtt decided to import 15000 tonnes of Palm Oil from a Malaysian company in Singapore named "Power and Energy Ltd" above the international price which was approved by the Kerala Cabinet. The price of import was fixed to $405.0 per ton which was higher than the international price of $392.25 per ton. The import order was signed by P J Thomas, who was then Kerala's Food Secretary. The investigation agency's charge sheet in the case says that this order caused a loss of more than 2.32 cores
Those accused in the Palm Olein Case
- K. Karunakaran
- Former Food and Civil Supplies Minister T.H. Musthafa (a close associate of Karunakaran)
- Former Chief Secretary S. Padmakumar (who, along with Karunakaran, allegedly met the Singapore-based company representative in New Delhi and agreed informally on the deal as early as October 1991)
- Former Additional Chief Secretary Zacharia Mathew
- Former Managing Director of the Kerala State Civil Supplies Corporation Jiji Thomson
- Director of Mala Export Corporation V. Sadasivan
- Director of P&E Pvt. Ltd Sivaramakrishnan
- P.J. Thomas, Secretary Food & Civil Supplies
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