All posts tagged: payoff

ED summons ex-Kerala CM Pinarayi Vijayan’s daughter T. Veena for questioning in CMRL pay-off case

ED summons ex-Kerala CM Pinarayi Vijayan’s daughter T. Veena for questioning in CMRL pay-off case

The Enforcement Directorate (ED) has summoned T. Veena, daughter of former Kerala Chief Minister Pinarayi Vijayan, asking her to appear before the investigators at its zonal office in Kochi on June 12, 2026 for questioning in connection with the money-laundering case linked to the Cochin Minerals and Rutile Limited (CMRL) pay-off case.’ Besides Ms. Veena, the central agency has asked Sasidharan Kartha, chairman and managing director of CMRL, and senior officials of the company to appear before it as part of the probe. The ED had on May 27, 2026 raided the residences of Mr. Vijayan in Kannur and Thiruvananthapuram as part of the probe into whether his daughter and former IT consultant Ms. Veena’s now-defunct firm Exalogic had received sizeable monthly retainers from CMRL, a private mining company, during the 2017-2021 period allegedly without rendering any tangible service. It is for the first time that Ms. Veena has been summoned by the ED for questioning. She will be told to submit the documents related to the alleged IT consultancy services offered by her now-defunct …

ED raids former Kerala CM Pinarayi Vijayan’s houses in CMRL pay-off case

ED raids former Kerala CM Pinarayi Vijayan’s houses in CMRL pay-off case

ED raid progressing at the residence of Opposition leader Pinarayi Vijayan in Thiruvananthapuram on May 27, 2026. | Photo Credit: Nirmal Harindran The Enforcement Directorate on Wednesday (May 27, 2026) raided the houses of former Chief Minister Pinarayi Vijayan in Kannur and Thiruvananthapuram. It is viewed as a major escalation of a long-running enquiry into whether his daughter and former IT consultant, T. Veena’s now defunct firm, Exalogic, had received sizeable monthly retainers from Cochin Minerals and Rutile Limited (CMRL), a private mining company, during the 2017-2021 period allegedly without rendering any tangible service. The ED search unfolded at 12 locations across the State, including the residence of the former Tourism and Public Works Minister and Ms. Veena’s husband, P.A. Mohamed Riyas, in Kozhikode, and the houses of the mining company’s promoters, among other localities. ED officials, accompanied by armed Central Industrial Security Force (CISF) personnel, were seen entering the search localities early Wednesday (May 27, 2026). They cordoned off the premises, including Mr. Vijayan’s recently rented house at Bakery Junction in Thiruvananthapuram. Mr Vijayan …

CMRL pay-off case: Special Court to issue notice to Kerala CM Pinarayi Vijayan’s daughter Veena Thaikkandiyil

CMRL pay-off case: Special Court to issue notice to Kerala CM Pinarayi Vijayan’s daughter Veena Thaikkandiyil

Veena Thaikkandiyil, the daughter of Kerala Chief Minister Pinarayi Vijayan, and the other respondents in the Cochin Minerals and Rutile Limited (CMRL) pay-off case will be issued notices by the Special Court considering the final complaint of the Serious Fraud Investigation Office (SFIO) shortly. The decision to issue the notice was taken after the court found that prima-facie offence was made out against the respondents after perusing the final complaint filed by the investigation agency. The court also found the complaint free of any defects. The complaint would be assigned a number before notice is served to the respondents. The respondents can challenge the maintainability of the SFIO complaint before the court. The SFIO had reportedly alleged that Ms. Veena and her now-defunct IT firm Exalogic Solutions had received “fraudulent payments” to the tune of ₹72.7 crore from CMRL. The SFIO had listed Sasidharan Kartha, managing director of CMRL, Exalogic, and Empower India Capital Investments Private Limited as the other respondents in the final complaint. The Enforcement Directorate (ED) had the other day approached the …