Thiruvananthapuram, Kerala: The Enforcement Directorate (ED) recently issued a show-cause notice to Kerala Chief Minister Pinarayi Vijayan in connection with Masala Bond case.

The notices have been also sent to former finance minister T M Thomas Isaac and  KIIFB Chief Executive Officer K M Abraham for allegedly violating FEMA Provisions linked to the ‘masala bond’ issued by the Kerala Infrastructure Investment Fund Board (KIIFB).

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The notice pertains to the alleged contravention of FEMA provisions and the RBI master direction, with the quantified amount of the violation totalling Rs 466.91 crore.

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