Overview
- N M Raju of Nedumparambil Credit Syndicate alleged Anto Antony borrowed Rs 2 crore during the 2019 Lok Sabha race and failed to return the full amount.
- Raju said Antony repaid Rs 20 lakh in two instalments and claimed the rest remains due despite repeated requests.
- Antony acknowledged receiving help from Raju during the campaign and maintained that the money he took was returned within two months.
- NCS is under Crime Branch cheating investigations and an Enforcement Directorate money‑laundering probe, with the agency citing large transactions and suspected fund diversion.
- Raju denied claims that Sabarimala tantri Kandararu Rajeevaru invested in NCS or that such funds reached Antony, countering allegations raised by a CPI(M) leader.