Sabu M Jacob announces Rs 20 crore reward for proving allegations against Kitex

Kochi, Sep 26 (UNI) Kitex Group Managing Director Sabu M Jacob on Saturday announced a Rs 20-crore reward to reporters who can prove the allegations raised against Kitex Garments and its management. Addressing a press conference here, he said the allegations aired by Reporter channel regarding the company's land, bank loans, financial position and operations in Telangana were false and misleading. Jacob said the Perumbavoor Munsiff Court had issued an interim order on February 10 restraining the publication, production, uploading, distribution and republication of defamatory articles, statements and reports against Kitex Garments and him. Despite the court order, Reporter channel…