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Karate News: As CBI complaint filed against KAI, federation takes jibe at IOA chief

It’s been over a week since the Karate Association of India was provisionally de-recognised by the World Karate Federation for infighting and violating WKF's statutes during the elections held last year. Now a major hurricane has yet again hit the Karate Association of India as a serious complaint letter has been filed with the Central Bureau of Investigation (CBI) against most of the top officials of the Karate Association of India for their role in corruption, misappropriation of funds, forgery, cheating, fraud, and 'Benami transaction'. The copy of the complaint letter has been exclusively accessed by Power Sportz which is filed by KAI general secretary Mohandas Vellukutti and it says I had given a complaint to Director General of Police Kerala State regarding a suspicious money transfer to an account number related to Mr Bhaskaran A/C 67044242679 Indira Nagar Branch Adyar, Chennai, and Mr Venugopal. It was only forwarded to the police based on the suspicion about the usage of the money. The special branch was taken into inquiry and found that about Rs 3,16,000 received by Benamy account for the Karate Association of India. It also added that the company has sold out more than 9000 World Karate Federation Homologated certificates in India for Rs 15,000, Rs 50,000 and Rs 1,00,000. This part amount was transferred to Mr Espinos, who is the President of the World Karate Federation illegally through unknown way or Hawala.

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  • Released : 02-Jul-2020

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