ED points recent summons to Pinarayi Vijayan’s daughter Veena
Kochi, The Enforcement Directorate has issued recent summons for June 17 to Veena T, the daughter of former Kerala chief minister Pinarayi Vijayan, for questioning in a cash laundering case, officers mentioned on Friday.
She had sought deferment of her first summons for June 12 citing well being points, sources mentioned.
Officers mentioned the central company has now requested Veena to depose on June 17 on the ED zonal workplace right here for questioning and recording of her assertion within the cash laundering case associated to alleged monetary transactions between her now defunct IT options firm named Exalogic Options Pvt Ltd and a Kerala-based sand mining firm Cochin Minerals and Rutile Ltd .
CMRL managing director Sasidharan Kartha and different firm officers and 9 others have additionally been summoned for questioning on completely different dates, the officers mentioned earlier.
The premises of Veena, who lives together with her father in a Thiruvananthapuram rented home, had been raided by the ED just lately.
The company is probing an allegation that CMRL made fraudulent funds value ₹2.78 crore to Exalogic Options beneath the guise of ‘IT consultancy companies’.
One other firm named Empower India Capital Funding Personal Restricted operated by Kartha had additionally prolonged loans value ₹50 lakh to Exalogic Options regardless of its failure to make well timed repayments, the officers mentioned.
They claimed that the CMRL administration and Veena generated “proceeds of crime” on this course of and that they wish to perceive the rationale behind these transactions from them.
The PMLA case was filed in March 2024 after the ED took cognisance of a grievance registered by the Severe Fraud Investigation Workplace , the investigation arm of the Ministry of Company Affairs, which later filed a prosecution grievance earlier than an Ernakulam courtroom in April 2025.
The CMRL was caught within the crosshairs of central probe companies following an Revenue Tax Division raid in January 2019, which unearthed alleged pretend bills to the tune of ₹130 crore.
Court docket paperwork state that the corporate “inflated” its expenditure by ₹133.82 crore by reserving “bogus” money bills beneath the heads of ‘transportation’ and ‘sludge dealing with’ between the monetary years 2012-13 and 2018-19, and generated money that was used to make unlawful funds to politicians, events, media homes and public servants.
The courtroom papers add that CMRL CFO and MD “admitted” earlier than tax authorities that such money funds had been made to make sure easy enterprise operations, as they confronted threats of closure of the enterprise and environmental challenges.
Officers mentioned CMRL “admitted” to creating these “pretend” bills earlier than the Revenue Tax Settlement Fee.
Later, a grievance was made to the SFIO. In its prosecution grievance, the SFIO mentioned that CMRL made fictitious money bills value ₹182 crore over a span of 15 years to “bribe” numerous individuals, and that it paid ₹91 crore in the direction of transport companies to firms owned by the Kartha household.
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