Kochi, Veena T, daughter of former Kerala CM Pinarayi Vijayan, on Wednesday appeared before the Executive Division here for questioning in connection with a money laundering case related to her IT firm and now-defunct mining company CMRL.
Veena appeared before the Enforcement Directorate at around 10:30 am after fresh summonses were issued to her by the agency.
There was a heavy police presence outside the emergency department office as Vina got out of her car and went inside.
The agency had earlier asked her to appear before its unit in Kochi on June 12, but she expressed her inability to do so due to health reasons.
She was asked to appear before the agency with relevant documents relating to transactions relating to the now defunct IT company, Exalogic Solutions Private Ltd.
On Tuesday, the ED questioned CMRL founder Sasidharan Kartha’s son and wife in connection with the case.
Before that, on Monday, the agency had questioned Kartha’s daughter in this regard.
The investigation relates to allegations that Cochin Minerals and Rutile Ltd made payments amounting to US$1.5 billion. $2.78 crore to Exalogic without receiving any services in return.
According to the CEO, another company, Empower India Capital Investments Private Limited, run by CMRL Managing Director Sasidharan Kartha, has provided loans worth $50 lakhs to Exalogic despite the company’s failure to pay the installments in time.
The agency alleged that Veena and the CMRL management, led by Kartha, generated “criminal proceeds” through these transactions.
The ED registered a case under the Prevention of Money Laundering Act on the basis of the prosecution complaint filed by the Serious Fraud Investigation Bureau before a court in Ernakulam in April 2025.
SFIO is the investigative arm of the Ministry of Corporate Affairs.
The CMRL came under the scrutiny of central agencies following a raid by the Income Tax Department in January 2019, which allegedly revealed financial irregularities, including some expenses suspected to be fictitious amounting to approx. $130 Crores.
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