The Hindu·3 min read·medium

Malabar Milma faces action over financial irregularities

T
The Hindu Bureau
Malabar Milma faces action over financial irregularities
AI Summary

The Kerala Department of Dairy Development has initiated proceedings against Malabar Milma following reports of financial irregularities and poor quality control. The investigation centers on the procurement of substandard milk that resulted in significant financial losses for the cooperative.

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Ensuring the integrity of food supply chains and the financial accountability of cooperative unions is essential for public trust and safety.

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The Department of Dairy Development has directed further action against the Malabar Regional Cooperative Milk Producers Union (MRCMPU), popularly known as Malabar Milma, after an inspection pointed to financial and administrative irregularities in its operations. An order issued by Director of Dairy Development on September 18 called for detailed scrutiny and further proceedings under various provisions of the Kerala Cooperative Societies Act, 1969. The inspection reportedly found lapses including failure to submit the union’s annual reports and audited accounts on time, besides irregularities in financial transactions and records relating to its various establishments.

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