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Former Finance Minister T M Thomas Isaac alleged that Kerala's 'white paper' was generated using AI, potentially with leaked secret data, leading to factual errors regarding development expenditure and SC/ST allocations.
Former finance minister and CPM central committee member T M Thomas Isaac on Wednesday placed three questions before the panel constituted by the UDF government to draw up a 'white paper' on Kerala's finances.
The difference between the average own tax revenue during Isaac’s five-year tenure and that of Balagopal stands at ₹1,27,747 crore.
He said KIIFB never purchased land through masala bond fund.
Former finance minister Thomas Isaac and KIIFB Chief Executive Officer KM Abraham have also received notices.
A division bench comprising Chief Justice Nitin Jamdar and Justice Basant Balaji delivered the order.
Under Isaac, KIIFB was the anti-neoliberal, people-centric Left alternative for creating major public assets.
The former finance minister admitted that KIIFB could no longer take up non-revenue-generating projects.
Satheesan addressed the media in Kochi a day after Finance Minister K N Balagopal and his predecessor Thomas Isaac rubbished his Rs 101 crore corruption allegation.
‘The CM exhibits impolite behaviour even towards a microphone and his conduct is not befitting of a communist,’ the committee observed.
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