What’s Manappurams board has to do with VP Nandakumars personal dealing? This 143 crore deposit was taken through his Manappuram Agro, which was a sole proprietorship.
I think it makes some sense because a company Manappuram Agro which was a sole proprietorship then receiving total deposit of 150 crores itself without any advertisement or office in itself is sus. Agriculture has tax exemptions. So it’s perfect for laundering.
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