The Enforcement Directorate (ED) on Wednesday has registered a case under the Prevention of Money Laundering Act (PMLA) against Kerala Chief Minister Pinarayi Vijayan’s daughter Veena Vijayan and her IT company, Exalogic Solutions. The case relates to the alleged illegal payments made to Veena Vijayan’s firm by a mineral company. <\/p>\n\n\n\n
Reportedly, the ED has filed the case based on a complaint by the serious fraud investigation office, which had been asked to investigate the matter by the Centre. The case hogged limelight after an Income Tax Department investigation alleged that a private company called Cochin Minerals And Rutile Ltd (CMRL) made an illegal payment of Rs 1.72 crore to Veena’s company, Exalogic Solutions from 2018 to 2019. The payment was made to the IT firm of Kerala Chief Minister Pinarayi Vijayan\u2019s daughter even though the mineral company did not provide any service to her firm. <\/p>\n\n\n\n
Furthermore, a report had also claimed that CMRL had made monthly payments to Exalogic, despite no services being provided, because of Veena Vijayan’s connection to a prominent person. <\/p>\n\n\n\n
Earlier on January 31, the Exalogic Solution moved the Karnataka High Court after the central government ordered the SFIO to investigate the matter. In its petition to the Karnataka High Court, the IT firm, Exalogic Solutions had argued that Section 212 under which the SFIO has initiated a probe was a serious provision along the lines of those under the Unlawful Activities (Prevention) Act (UAPA). <\/p>\n\n\n\n
The plea added that such sections are used in serious cases involving hundreds of crores of rupees. However, the Karnataka High Court dismissed the plea the previous month. While addressing the Kerala Assembly in January, Chief Minister Vijayan had said that his daughter had started the company using his wife’s retirement funds and the allegations being levelled against him and his family were false.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chief Minister Vijayan had said that his daughter had started the company using his wife’s retirement funds and the allegations being levelled against him and his family were false.<\/p>\n","protected":false},"author":4,"featured_media":506415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1497,4],"tags":[998,102677,5995,162417],"yst_prominent_words":[],"ppma_author":[140543],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/d2r2ijn7njrktv.cloudfront.net\/apnlive\/uploads\/2024\/03\/27190808\/Veena-vijayan-1_1711536416492_1711536424494-1.webp","jetpack_sharing_enabled":true,"authors":[{"term_id":140543,"user_id":4,"is_guest":0,"slug":"apnnewsdesk","display_name":"APN Live","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/478eacb893eda88aa6ed8d99b005bf58?s=96&r=g"}],"_links":{"self":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts\/506412"}],"collection":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/comments?post=506412"}],"version-history":[{"count":0,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/posts\/506412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/media\/506415"}],"wp:attachment":[{"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/media?parent=506412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/categories?post=506412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/tags?post=506412"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=506412"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/apnlive.com\/wp-json\/wp\/v2\/ppma_author?post=506412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}