Tamil NaduFriday, 30 October 2026·Hindu Tamil Thisai
Kerala police arrest Bharat Lajna cooperative society chief in ₹5,000 crore fraud case in Chennai
Kerala police arrested Bharat Lajna Multi-State Housing Cooperative Society founder R. Premkumar in Chennai over alleged ₹5,000 crore fraud.
Key highlights
Direct fact
In October 2026, Kerala police arrested R. Premkumar, founder of the Bharat Lajna Multi-State Housing Cooperative Society, in Chennai’s Virugambakkam area in a case involving alleged fraud of up to ₹5,000 crore.
Key specifics
- The society is named Bharat Lajna Multi-State Housing Cooperative Society (BLM).
- The alleged fraud amount mentioned in the report is up to ₹5,000 crore.
- Premkumar was arrested by the Economic Offences Wing of the Kozhikode district police.
- The report says the society was started in 2006 under the Multi-State Cooperative Societies Act.
- Its activities expanded across Tamil Nadu, Kerala, Puducherry and Andhra Pradesh.
Exam lens
TNPSC governance and cooperative-sector question, with focus on BLM, ₹5,000 crore, 2006, Multi-State Cooperative Societies Act and inter-state operations; a likely framing is “Which cooperative society founder was arrested in Chennai in a multi-crore fraud case?”