ED Raids Former Kerala CM Pinarayi Vijayan's Residences In Exalogic-CMRL Case

Thiruvananthapuram, Kerala: The Enforcement Directorate (ED) has carried out a raid on the residence of former Kerala Chief Minister and incumbent leader of Opposition Pinarayi Vijayan in the Exalogic-CMRL case in connection with his daughter. 

The officials reportedly conducted the search at Pinarayi Vijayan’s rented house in Thiruvananthapuram as well as the CPI(M) leader’s home in Kannur’s Dharmadom. The case pertains to a controversial financial transaction between Exalogic Solutions owned by Pinarayi Vijayan’s daughter Veena and Cochin Minerals and Rutile Limited (CMRL).

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According to the report, raids are underway across at least 12 locations including houses and offices in connection with the case. The searches came a day after the Kerala High Court dismissed a petition filed by CMRL seeking to quash the ED proceedings in the matter.

The ED had registered a Prevention of Money Laundering Act (PMLA) case in 2024 to investigate the allegations. It is alleged that private firm Cochin Minerals And Rutile Ltd made an illegal payment of Rs 1.72 crore to Exalogic Solutions, a company owned by between 2018 and 2019, despite the IT firm allegedly not providing any services to CMRL.

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Notably, the searches come a day after the Kerala High Court dismissed a petition filed by CMRL seeking to quash the ED proceedings in the matter.