New Delhi: The Enforcement Directorate on Wednesday conducted raids at the residence of former Kerala Chief Minister Pinarayi Vijayan and several other locations as part of its probe into the CMRL money laundering case.
Officials said searches were being carried out at 10 locations across the state under provisions of the Prevention of Money Laundering Act (PMLA), including Vijayan’s rented residence in the state capital.
According to the allegations, a private firm named Cochin Minerals and Rutile Limited (CMRL) had allegedly made illegal payments worth Rs 1.72 crore to Exalogic Solutions, a company owned by Vijayan’s daughter T Veena, between 2018 and 2019.
Investigators claim that despite receiving the payments, the IT firm allegedly did not provide any services to CMRL. The ED is examining the financial transactions and related documents as part of its ongoing money laundering investigation.
