MALABAR CEMENT FRAUD

CONTROLLER AND AUDITOR GENERAL’S REPORT ABOUT MALABAR CEMENT CO. In his report , the Controller and Auditor General has pointed out fraud to the tune of 108 crore rupees , by the Management of Malabar Cements Company. The Minister for Home, Kerala Government , has accepted the report and expressed his readiness for CBI enquiry. The interests of the share holders of the company, must be protected, at any cost.