Police shut down Monavie Enterprises office in Kerala

KOCHI: The police on Friday closed the main office of multinational direct marketing company Monavie Enterprises in Kerala for violating the Prize Chits and Money Circulation Schemes (Banning) Act. The police also arrested Sajiv N. Nair (44), the company’s chief distributor.

The police team headed by Crime Branch SP P.A. Valsan raided the office at Palarivattom in Ernakulam and examined the documents and computer hard discs there. They seized the documents after recording the arrest of Sajiv. Costly protein powders were also found out from the godown of the company at Kalamassery. The godown was also shut down.

Sajiv will be brought to Kozhikode Chief Judicial Magistrate Court on Saturday.  Earlier, Crime Branch had registered cases against Monavie at Palakkad and Kozhikode after DGP instructed to take action against organizations working along those lines of money chain.