ED raids former Kerala CM Pinarayi Vijayan’s residence in money laundering probe


Daijiworld Media Network – New Delhi

New Delhi, May 27: The Enforcement Directorate (ED) on Wednesday conducted searches at the residence of former Kerala Chief Minister Pinarayi Vijayan in Thiruvananthapuram in connection with a money laundering investigation.

The probe agency carried out raids at 12 locations across Kerala under the provisions of the Prevention of Money Laundering Act (PMLA), including Vijayan’s rented residence in the state capital.

According to the allegations under investigation, a private company, Cochin Minerals and Rutile Ltd (CMRL), allegedly made illegal payments amounting to Rs 1.72 crore to Exalogic Solutions, a company owned by Vijayan’s daughter T Veena, during the period between 2018 and 2019.

The ED suspects that the payments were made despite the IT firm allegedly not providing any services to CMRL.

The searches were conducted a day after the Kerala High Court dismissed a petition filed by CMRL seeking to quash the ED proceedings in the matter.

The Enforcement Directorate had registered a case under the PMLA in 2024 to investigate the allegations linked to the financial transactions.

 

 

  

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Title: ED raids former Kerala CM Pinarayi Vijayan’s residence in money laundering probe



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