Thiruvananthapuram, July 27 (IANS) Leader of Opposition, Pinarayi Vijayan, finds himself confronting perhaps the most politically challenging phase of his long career, with the Enforcement Directorate (ED) tightening its probe into the CMRL-Exalogic financial transactions involving his daughter Veena Vijayan and fresh indications that the investigation could soon reach his doorstep.Just months after suffering a bruising defeat in the Assembly elections, the 82-year-old veteran had appeared to st…
Latest Cochin Minerals and Rutile Ltd. News & Updates
Thiruvananthapuram, July 25 (IANS) Leader of the Opposition in Kerala Assembly, Pinarayi Vijayan, on Saturday strongly rejected reports claiming that Sasidharan Kartha, Managing Director of Cochin Minerals and Rutile Ltd (CMRL), had told the Enforcement Directorate (ED) that payments made to his daughter T. Veena’s firm, Exalogic Solutions, were linked to his personal proximity to the Chief Minister.Vijayan dismissed the allegation as a “media creation” and challenged those making the claim …
Kochi, June 26 (IANS) The Enforcement Directorate (ED) has widened its investigation into the alleged CMRL-Exalogic ‘masappadi’ (monthly payment) case to examine whether Cochin Minerals and Rutile Ltd. received undue favours from the erstwhile LDF government, even as it subjected T. Veena, daughter of former Chief Minister Pinarayi Vijayan, to more than 10 hours of questioning in Kochi a day earlier.The agency is learnt to be examining whether the monthly payments allegedly made by CMRL to V…
Kochi, June 25 (IANS) The political temperature surrounding former Chief Minister Pinarayi Vijayan and his daughter Veena Vijayan rose sharply on Thursday after the latter made an ‘unexpected’ appearance before Enforcement Directorate (ED) officials in Kochi for a second round of questioning this month.What has particularly raised eyebrows is the timing of her visit. Veena had reportedly been directed to appear before the Central agency on June 29.However, in a move that surprised political …
Kochi, June 1 (IANS) The Kerala High Court on Monday reserved its verdict on a plea filed by Cochin Minerals and Rutile Ltd. (CMRL) challenging the Enforcement Directorate’s money-laundering investigation in the controversial CMRL-Exalogic case, one of the most closely watched legal and political battles in the state in recent years.A Division Bench comprising Justices Raja Vijayaraghavan V. and K.V. Jayakumar said the verdict would be delivered on Friday.Until then, the court directed the Enfor…
Kochi, June 1 (IANS) In a setback for Exalogic Solutions and its owner, Veena Vijayan, the Kerala High Court on Monday declined to grant an immediate stay on the Enforcement Directorate’s investigation into the controversial CMRL-Exalogic financial transactions case, clearing the way for the Central agency to continue its probe.The CMRL had approached the High Court for relief following the ED raid at 10 places last week, including the residence of former Chief Minister Pinarayi Vijayan, where h…
Thiruvananthapuram, May 30 (IANS) BJP leader Shaun George has approached the Enforcement Directorate (ED) seeking an investigation into alleged overseas financial transactions linked to the CMRL–Exalogic monthly payment case, claiming that funds received by Exalogic Solutions may have been routed through foreign bank accounts. In a letter to the central agency, Shaun George alleged that funds received by Exalogic Solutions from its transactions with Cochin Minerals and Rutile Ltd. (CMRL) were …