Malabar Milma faces action over financial irregularities
The Kerala dairy cooperative Malabar Milma is under investigation after auditors reported a loss of roughly 27.45 lakh rupees at its Kasaragod unit. Authorities say the discrepancy points to possible financial irregularities, prompting calls for corrective measures and potential legal action. The cooperative’s management has been asked to submit detailed accounts and explanations to the state regulator for review.