The party core committee and the state leaders' meet that discussed the issue in detail concluded that it was a "clear case of cheating" done by an individual and the party would not protect the wrongdoer.
The party's hands are clean and it is ready to cooperate with the vigilance enquiry ordered by the state government, BJP national executive member P S Sreedharan Pillai and state general secretary K Surendran told reporters after the meeting.
Putting up a brave face, Pillai said BJP took an "exemplary" decision to expel R S Vinod, convener of the cooperative cell, from the party immediately after the corruption allegation surfaced.
"It is true that he had indulged in a criminal offence. It amounted to cheating which is a punishable offence under IPC. It was illegal and unethical," he said.
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He said the BJP is a party that would not compromise on corruption.
Pillai expressed dismay at the manner in which the media projected the issue as one of corruption connected with the party.
He said party state general secretary M T Ramesh, against whom also charges were levelled, had nothing to do with the matter.
"The party's unanimous stand is that Ramesh is a leader who has a clean public and political life," he said.
Replying to a question, Pillai, a former state president of the BJP, said the state leadership would submit a detailed report to the central leadership and it is for party president Amit Shah to take further steps on that.
Vinod was expelled from the party, hours after the contents of the report submitted to the state party chief last month, surfaced in the media.
Meanwhile, seizing on the matter, the Congress-led UDF has decided to stage demonstrations against the BJP across the state tomorrow over the issue.
UDF convener P P Thankachan said a high-level probe under the supervision of court should be conducted.
He also said serious allegations, including that of money laundering, have been levelled against BJP leaders.
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