Finance Scandal: Unpaid Election Campaign Loan Allegations

N M Raju, owner of the Nedumparambil Credit Syndicate, accuses Congress MP Anto Antony of not repaying a ₹2 crore loan taken during the 2019 election campaign. Antony refutes claims, stating some funds were returned, and alleges the accusations are politically motivated.


Devdiscourse News Desk | Kochi | Updated: 07-02-2026 17:36 IST | Created: 07-02-2026 17:36 IST
Finance Scandal: Unpaid Election Campaign Loan Allegations
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The political sphere in Pathanamthitta is abuzz following allegations against Congress MP Anto Antony. N M Raju, owner of the Nedumparambil Credit Syndicate, has accused Antony of failing to repay ₹2 crore loaned during the 2019 election campaign.

During a press conference, Raju detailed how Antony had approached him during the election, citing campaign funding shortages. Raju claims Antony promised repayment within two months, a promise yet unfulfilled except for a returned sum of ₹20 lakh.

Responding to the allegations, Antony acknowledged receiving financial support but insists he returned funds as promised. The MP alleges the claims are part of a larger conspiracy against him. As the controversy unfolds, legal actions may soon follow.

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