SOLAR CASE: COURT CANCELS BAILS OF TWO KEY ACCUSED

A local court in Kozhikode cancelled on Thursday the bail granted to two key accused in the solar panel fraud case — Saritha Nair and her husband Biju Radhakrishnan — after they failed to appear before it. Ordering their arrest, the court scheduled the next hearing on February 25.

The case centres around a fictitious solar energy company called Team Solar formed in 2013 allegedly by Saritha Nair and Radhakrishnan, who boasted of their contacts with the chief minister’s office, and cheated people out of money by seeking investments with the promise of making them business partners or offering to install solar power units. Radhakrishnan was also named accused in a murder case.