ORDER :

1. This Criminal Revision is at the instance of accused No. 7 in C.C. No. 4/2018 on the file of the Court of the Enquiry Commissioner and Special Judge, Thiruvananthapuram.

Facts:

2. The petitioner is a Lawyer by profession. He was the Legal Advisor of the Kerala Transport Development Finance Corporation Limited (KTDFC), a Government owned company. Accused No. 1 was the Managing Director of the KTDFC. Accused Nos.2 to 6 were the employees of the company. Accused No. 8 is the husband of accused No. 1.

2.1. Accused No. 8 is the owner of 17.25 cents of land in survey No. 394/B1-2 of Thycaud village. He mortgaged the said property and availed a cash credit loan of Rs.75 Lakhs from the Punjab National Bank, Kozhikode. The bank declared the loan as Non-Performing Asset (NPA) and proceeded against the property, which was later sold to a third party on 17.11.2004.

2.2. The KTDFC introduced “Aiswarya Griha Housing Finance Scheme” in 2005. There was a provision for ‘housing and taking over loan’ under the scheme. Subsisting housing loans are taken under the scheme. Business loans are not taken under it. There was also a provision for relaxation in interest rate of such housing loans avail