Money laundering case registered against Veena Vijayan, daughter of Kerala CM
Amaravati: The Enforcement Directorate on Wednesday registered a money laundering case against Veena Vijayan, daughter of Kerala (Communist Party) Chief Minister Pinarayi Vijayan. The Karnataka High Court last month dismissed a plea filed by Exalogic Solutions against the probe initiated by the Serious Fraud Investigation Office (SFIO). There are allegations that an IT company belonging to Veena is involved in money laundering. It is known that Veena has been criticized for making illegal payments. Veena Vijayan, daughter of Communist Party Chief Minister Pinarayi Vijayan owns a company called Exalogic.
Official sources said that the ED has registered the case after considering the complaint filed by the Serious Fraud Investigation Office (SFIO) of the Union Ministry of Corporate Affairs.
A private company named Cochin Minerals and Rutile Limited (CMRL) made an illegal payment of Rs 1.72 crore to Veena’s company Exalogic Solutions from 2018 to 2019, an Income Tax investigation has revealed.
It is alleged that the Veena-based IT company, Cochin Minerals and Rutile Limited, collected money from Akrama Maggam, which did not provide any services to the company. This amount has been revealed in the preliminary investigation, if the in-depth investigation starts, we have to wait and see how many more things will come to light?
