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The Enforcement Directorate questioned Veena T for over eight hours regarding financial transactions between Exalogic Solutions and CMRL, focusing on ₹2.78 crore for alleged consultancy services.
The ED is investigating suspicious financial transactions between CMRL and Exalogic Solutions, questioning CMRL MD's family and summoning Veena Vijayan, amid allegations of ₹2.78 crore paid without services.
The money laundering probe also includes the pay-off case involving opposition leader Pinarayi Vijayan’s daughter Veena T and her now-defunct company Exalogic Solutions Pvt Ltd.
Veena T has postponed her Enforcement Directorate questioning in the CMRL pay-off case citing health reasons; she remains willing to cooperate and provide documents.
The CPM faces heightened political pressure following a High Court ruling, potentially allowing the ED closer to T Veena, and the party's defence strategy appears uncertain.
The High Court ruled that Income Tax Settlement Commission orders don't grant immunity from money laundering charges, as the IT Act and PMLA are independent.
The Kerala High Court will rule on CMRL's appeal against the ED probe, which concerns ₹182 crore in alleged bribe expenses, after hearing arguments on PMLA applicability without an FIR.
Veena T reportedly received ₹2.78 crore from CMRL for advisory services, with no evidence of actual service delivery, raising fraud concerns during SFIO and ED probes.
CMRL appeals a High Court ruling upholding the ED's jurisdiction in the Exalogic case, arguing the money laundering probe began without a predicate offence.
Kerala Chief Minister V D Satheesan labelled vehicle attackers during an ED raid as 'criminals', stating the state government had no role in the investigation, which he asserted was handled by a central agency.
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