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The KSIDC's deal is for a Rs 5,000 crore project, whereas the KSINC's aborted deal which was signed on February 2 had envisaged Rs 2,950 crore investment to construct trawlers.
The company executives insisted that the ministers in the Left Democratic Front government in Kerala were well aware of the deal and its implications, but are feigning ignorance after the opposition vehemently opposed it.
The EMCC International (India) Pvt Ltd had presented the outline of the deep-sea fishing project to the state government even before it was legally formed.
A spate of controversies of late, including the one over the deep-sea fishing pact, suggests the state government takes for granted the scrutiny of the Cabinet or vetting by the law and finance departments.
Opposition leader Ramesh Chennithala alleged that the EMCC CEO Dovin had met the chief minister at the Cliff House, the latter's official residence. This was also confirmed by the India head of the US fishing company.
Elaborating on various schemes and events of KSUM, Vijayan said women entrepreneurs would get up to Rs 15 lakh as loan.
The government has filed the appeal challenging the Kerala High Court which dismissed the plea on October 19 on the grounds that it was directed against the privatization policy of the Centre and hence devoid of merits.
The officer has been charged with attempting to relax contract conditions while he was the Ernakulam District Collector.
The petition was filed after an all-party meet, held on August 20, decided to move a resolution against the Centre's decision, and to demand its withdrawal.
The KSIDC will use the 125 acres of land near the Life Sciences Park in Thonnakkal in Thiruvananthapuram.