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NEW DELHI: The Enforcement Directorate on Wednesday registered a money laundering case against Kerala chief minister Pinarayi Vijayan‘s daughter Veena Vijayan to probe a case of alleged illegal payments made by a private mineral firm to her and the company.
The agency is conducting a probe under the Prevention of Money Laundering Act (PMLA) and is likely to summon the individuals involved.
The investigave agency has initiated probe based on a complaint from the Serious Fraud Investigation Office (SFIO).
The probe follows allegations that a private mineral firm, Cochin Minerals And Rutile Ltd (CMRL), reportedly made an illegal payment of Rs 1.72 crore to Veena’s company, Exalogic Solutions, in 2018-2019 without receiving any services.
The Income Tax department’s inquiry triggered this development. Exalogic Solutions had previously challenged the SFIO’s investigation in the Karnataka high court, which was dismissed last month.
The agency is conducting a probe under the Prevention of Money Laundering Act (PMLA) and is likely to summon the individuals involved.
The investigave agency has initiated probe based on a complaint from the Serious Fraud Investigation Office (SFIO).
The probe follows allegations that a private mineral firm, Cochin Minerals And Rutile Ltd (CMRL), reportedly made an illegal payment of Rs 1.72 crore to Veena’s company, Exalogic Solutions, in 2018-2019 without receiving any services.
The Income Tax department’s inquiry triggered this development. Exalogic Solutions had previously challenged the SFIO’s investigation in the Karnataka high court, which was dismissed last month.
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