Latest news with #Moideen
Time of India
26-05-2025
- Politics
- Time of India
ED names CPM as accused in Karuvannur bank fraud case
Kochi: The Enforcement Directorate (ED) on Monday arraigned the ruling CPM as an accused in a supplementary chargesheet in the Karuvannur Service Co-operative Bank fraud case. The chargesheet has named 28 additional accused, including three former CPM Thrissur district secretaries — Alathur MP K Radhakrishnan, former state minister and Kunnamkulam MLA A C Moideen and M M Varghese. According to the ED, the total proceeds of crime from the fraud is Rs 180 crore, while assets worth Rs 128 crore were attached. ED sources said Moideen was named as the 67th accused, CPM as A68, Varghese as A69 and Radhakrishnan as A70. The chargesheet, running to over 5,000 pages, was filed by investigation officer Nirmal Kumar Mosha before the PMLA special court in Kaloor, Kochi. The number of accused in the case has now increased to 83. According to sources, the investigation revealed that CPM, represented by Thrissur district committee, collected illegal amounts from benami borrowers of Karuvannur bank as commission for arranging such illegal loans. These funds were utilised for local expenses, election meetings and the purchase of unaccounted land and buildings for party offices, office furniture, etc. The chargesheet states that the CPM maintains similar undisclosed accounts at every level in every district in a decentralised manner. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo It became evident in the investigation that undisclosed accounts were opened by CPM secretaries in the name of the party Porathissery North local committee (A/c no 5578), party building fund (A/c No 9513), Porathissery South local committee (A/c no 8858) and area conference souvenir (A/c No 5580) in the Karuvannur bank. The ED submitted that the total deposits in these five illegal accounts were Rs 76 lakh, which was proceeds of crime. According to the ED, the investigation under the Prevention of Money Laundering Act (PMLA) established that CPM was in possession of proceeds of crime, which were invested in the purchase of immovable properties and credited to the five bank accounts maintained by the party. The chargesheet states that Biju Karim, the then bank manager, and Sunil Kumar, the then secretary, gave statements under Section 164 CrPC before the Ernakulam judicial first class magistrate on the modus operandi of the scam. They stated that the disbursement of 'benami loans' was done as per the instructions of CPM district committee members who controlled the bank. The chargesheet says Biju stated that there were two 'party committees' functioning above the governing body of the bank and members of the CPM Thrissur district committee put pressure on the governing body to grant illegal loans without any collateral and to obtain a certain percentage of the illegal loan from the borrowers as a contribution to the party. The ED alleges that Radhakrishnan, Varghese and Moideen had knowledge of the granting of illegal loans and knowingly assisted those who availed illegal loans. It says all of them are guilty of the offence of money laundering as specified under Section 3 of the Act. The ED had initiated an investigation into the case on the basis of FIRs registered by Kerala Police. The agency last year named the Aam Aadmi Party (AAP) as an accused in the liquor scam case, and this is the second instance of naming a political outfit as an accused under PMLA. CPM has rejected the allegations and said it would fight them legally and politically.
The Hindu
26-05-2025
- Politics
- The Hindu
Former CPI(M) district secretaries had knowledge of illegal loan disbursement from Karuvannur bank: ED
The Directorate of Enforcement has alleged that former Minister A. C. Moideen knowingly assisted some of the accused in the Karuvannur Service Cooperative Bank loan scam in the process of money laundering and was thus guilty of the offence under the Prevention of Money Laundering Act. The ED alleged that Mr. Moideen, who was the secretary of Communist Party of India (Marxist) Thrissur district committee between 2011 and 2016, knew that illegal loans had been granted from the bank. He knowingly assisted the accused, who had availed illegal loans, in raising funds for the party from the loan amount. A certain percentage of the proceeds of crime was possessed by the CPI(M) for raising funds, which was used for the purchase of property for party office, it was alleged. The final complaint alleged that M.M. Varghese, who was the district secretary of the party between 2018 and 2025, had knowledge of the granting of illegal loans from the bank and he knowingly assisted the accused who had availed illegal loans for raising funds for the CPI(M) from the loan amount. The proceeds of crime were used for purchasing property for party office, and the property was registered in the name of Mr. Varghese, the final complaint filed on Monday alleged.
Kuwait Times
13-05-2025
- Business
- Kuwait Times
Gulf Medical University Hosts the Biggest Career Fair & Industry Partners Meet 2025, Fostering Healthcare Innovation and Talent Development.
Gulf Medical University (GMU), Ajman, reaffirmed its position as a leading hub for academic excellence and healthcare innovation with the grand success of the GMU Career Fair & Industry Partners Meet 2025. This year's event marked a significant milestone in the university's journey toward empowering future healthcare professionals by bridging the gap between education and employment. Themed 'Empowering the Next Generation of Healthcare Leaders,' the event brought together an impressive assembly of students, alumni, industry veterans, and over 90 leading healthcare organizations. It provided a vibrant platform for aspiring professionals to engage directly with recruiters, learn from thought leaders, and explore career paths across diverse healthcare sectors. The initiative also showcased GMU's ongoing efforts to align its academic vision with real-world demands through innovation, entrepreneurship, and global industry collaboration. The event was officially inaugurated by Dr. Thumbay Moideen, Founder President of Thumbay Group, who has been instrumental in pioneering private medical education in the region. In his keynote address, Dr. Moideen emphasized the critical need for adaptable, tech-savvy professionals in today's healthcare landscape. 'At GMU, we are not just educating students; we are shaping leaders who will redefine the future of healthcare through innovation, ethics, and global perspectives,' he remarked. Following the inauguration, attendees took part in a series of enriching panel discussions moderated by GMU's academic leadership, including Prof. Manda Venkatramana, Acting Chancellor, and Prof. Hesham Marei, Acting Vice Chancellor – Academics. These sessions focused on career readiness, healthcare education reform, industry expectations, and leadership development. Distinguished HR professionals and executives from top hospitals and medical companies engaged students through workshops on CV writing, interview strategies, and portfolio building—providing practical insights and mentorship. The event also featured interactive booths and networking pavilions representing major healthcare entities such as Aster, NMC, American Hospital, King's College Hospital Dubai, Julphar, Abbott, and many others. Government and regulatory bodies including Dubai Police, Ajman Municipality, and the Emirates Health Services (EHS) also participated, reflecting the strong public-private collaboration fostered by GMU. This year's Industry Partners Meet also highlighted GMU's new strategic directions, including the introduction of AI-powered healthcare curriculum modules, entrepreneurship incubators, and global academic partnerships. These advancements, along with GMU's robust research ecosystem and state-of-the-art Thumbay Medicity campus, reinforce its position as a trailblazer in academic healthcare transformation in the Middle East. Applications are now open for the upcoming academic session at Gulf Medical University. With limited seats and high demand across all programs, prospective students are encouraged to apply early. Whether you're a recent graduate or a working professional seeking to upskill in healthcare, GMU offers a world-class academic experience tailored to your ambitions. Visit to explore programs and begin your journey toward a rewarding healthcare
Gulf Today
13-05-2025
- Health
- Gulf Today
Gulf Medical University hosts biggest Career Fair
Gulf Medical University (GMU), Ajman, reaffirmed its position as a leading hub for academic excellence and healthcare innovation with the grand success of the GMU Career Fair & Industry Partners Meet 2025. This year's event marked a significant milestone in the university's journey toward empowering future healthcare professionals by bridging the gap between education and employment. Themed 'Empowering the Next Generation of Healthcare Leaders,' the event brought together an impressive assembly of students, alumni, industry veterans, and over 90 leading healthcare organisations. It provided a vibrant platform for aspiring professionals to engage directly with recruiters, learn from thought leaders, and explore career paths across diverse healthcare sectors. The initiative also showcased GMU's ongoing efforts to align its academic vision with real-world demands through innovation, entrepreneurship, and global industry collaboration. The event was officially inaugurated by Dr. Thumbay Moideen, Founder President of Thumbay Group, who has been instrumental in pioneering private medical education in the region. In his keynote address, Dr. Moideen emphasised the critical need for adaptable, tech-savvy professionals in today's healthcare landscape. 'At GMU, we are not just educating students; we are shaping leaders who will redefine the future of healthcare through innovation, ethics, and global perspectives,' he remarked. Following the inauguration, attendees took part in a series of enriching panel discussions moderated by GMU's academic leadership, including Prof. Manda Venkatramana, Acting Chancellor, and Prof. Hesham Marei, Acting Vice Chancellor – Academics. These sessions focused on career readiness, healthcare education reform, industry expectations, and leadership development. Distinguished HR professionals and executives from top hospitals and medical companies engaged students through workshops on CV writing, interview strategies, and portfolio building — providing practical insights and mentorship. Interactive booths The event also featured interactive booths and networking pavilions representing major healthcare entities such as Aster, NMC, American Hospital, King's College Hospital Dubai, Julphar, Abbott, and many others. Government and regulatory bodies including Dubai Police, Ajman Municipality, and the Emirates Health Services (EHS) also participated, reflecting the strong public-private collaboration fostered by GMU. This year's Industry Partners Meet also highlighted GMU's new strategic directions, including the introduction of AI-powered healthcare curriculum modules, entrepreneurship incubators, and global academic partnerships. These advancements, along with GMU's robust research ecosystem and state-of-the-art Thumbay Medicity campus, reinforce its position as a trailblazer in academic healthcare transformation in the Middle East. Applications are now open for the upcoming academic session at Gulf Medical University. With limited seats and high demand across all programmes, prospective students are encouraged to apply early. Whether you're a recent graduate or a working professional seeking to upskill in healthcare, GMU offers a world-class academic experience tailored to your ambitions. Visit to explore programmes and begin your journey toward a rewarding healthcare. Recently, Gulf Medical University (GMU), Ajman, celebrated the outstanding success of the inaugural Thumbay International Research Grant (TIRG) at a grand award ceremony, coinciding with GMU's Annual Research Day. The groundbreaking initiative, supported by Thumbay Group UAE, attracted global attention for its mission to drive impactful healthcare research through international collaboration and innovation. Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman, was the Chief Guest and was reprasented by Dr. Sheikh Majeed Bin Saeed Al Nauimi, Chairman Ruler's Court who personally awarded the research grants to the winners. With an initial funding pool of Dhs3 million, the grant was designed to support pioneering projects in key areas such as Precision Medicine, Drug Discovery and Cancer Immunology, Population Health related to Diabetes, Healthy Aging and Regenerative Medicine, AI, Informatics and Digital Transformation in Healthcare Management and Health Economics, and Innovation in Health Professions Education. Dr. Thumbay Moideen reiterated the vision behind this initiative: 'We launched this grant to transform Gulf Medical University into a hub for research.' He further announced that the total research grant will reach up to Dhs10 million after three years, reinforcing the long-term commitment of fostering research excellence. Prof. Manda Venkatramana, Acting Chancellor of Gulf Medical University, commented: 'The grant has made an inspiring start, and the diversity and quality of submissions reflect GMU's growing global reputation. We are proud to support research that has the potential to transform healthcare and elevate lives.'
Kuwait Times
12-05-2025
- Health
- Kuwait Times
Gulf Medical University hosts biggest ‘Career Fair & Industry Partners Meet'
KUWAIT: Gulf Medical University (GMU), Ajman, reaffirmed its position as a leading hub for academic excellence and healthcare innovation with the grand success of the GMU Career Fair & Industry Partners Meet 2025. This year's event marked a significant milestone in the university's journey toward empowering future healthcare professionals by bridging the gap between education and employment. Themed 'Empowering the Next Generation of Healthcare Leaders,' the event brought together an impressive assembly of students, alumni, industry veterans and over 90 leading healthcare organizations. It provided a vibrant platform for aspiring professionals to engage directly with recruiters, learn from thought leaders, and explore career paths across diverse healthcare sectors. The initiative also showcased GMU's ongoing efforts to align its academic vision with real-world demands through innovation, entrepreneurship and global industry collaboration. The event was officially inaugurated by Dr Thumbay Moideen, Founder President of Thumbay Group, who has been instrumental in pioneering private medical education in the region. In his keynote address, Dr Moideen emphasized the critical need for adaptable, tech-savvy professionals in today's healthcare landscape. 'At GMU, we are not just educating students; we are shaping leaders who will redefine the future of healthcare through innovation, ethics and global perspectives,' he remarked. Following the inauguration, attendees took part in a series of enriching panel discussions moderated by GMU's academic leadership, including Prof Manda Venkatramana, Acting Chancellor, and Prof. Hesham Marei, Acting Vice Chancellor – Academics. These sessions focused on career readiness, healthcare education reform, industry expectations and leadership development. Distinguished HR professionals and executives from top hospitals and medical companies engaged students through workshops on CV writing, interview strategies, and portfolio building — providing practical insights and mentorship. The event also featured interactive booths and networking pavilions representing major healthcare entities such as Aster, NMC, American Hospital, King's College Hospital Dubai, Julphar, Abbott, and many others. Government and regulatory bodies including Dubai Police, Ajman Municipality, and the Emirates Health Services (EHS) also participated, reflecting the strong public-private collaboration fostered by GMU. This year's Industry Partners Meet also highlighted GMU's new strategic directions, including the introduction of AI-powered healthcare curriculum modules, entrepreneurship incubators and global academic partnerships. These advancements, along with GMU's robust research ecosystem and state-of-the-art Thumbay Medicity campus, reinforce its position as a trailblazer in academic healthcare transformation in the Middle East. Applications are now open for the upcoming academic session at Gulf Medical University. With limited seats and high demand across all programs, prospective students are encouraged to apply early. Whether you're a recent graduate or a working professional seeking to upskill in healthcare, GMU offers a world-class academic experience tailored to your ambitions. Visit to explore programs and begin your journey toward a rewarding healthcare.
