South India

Big Setback for Kerala CM Pinarayi Vijayan: Centre Approves Probe Against Daughter Veena

In a major political development, Kerala Chief Minister Pinarayi Vijayan faces a significant setback as the Central Government has granted permission to the Serious Fraud Investigation Office (SFIO) to interrogate his daughter, Veena Vijayan, over serious corruption allegations.

In a major political development, Kerala Chief Minister Pinarayi Vijayan faces a significant setback as the Central Government has granted permission to the Serious Fraud Investigation Office (SFIO) to interrogate his daughter, Veena Vijayan, over serious corruption allegations.

Accusations of Illegal Payments and Corporate Law Violations

The controversy centers around Exalogic Solutions, a company owned by Veena Vijayan. According to the SFIO chargesheet submitted to the court, Exalogic received Rs 2.73 crore in illegal payments from Cochin Minerals and Rutile Ltd (CMRL), despite allegedly providing no actual services in return. The agency claims that these payments violated the Companies Act and were routed through unlawful means.

SFIO Charges Veena with Direct Involvement

The SFIO has asserted that Veena Vijayan had a direct role in facilitating the illegal financial transactions. The chargesheet implicates her and other individuals, leading to the Centre approving a detailed investigation into the matter.

Political Impact and Public Reactions

The development has sent shockwaves through Kerala’s political circles, with opposition parties calling for transparency and accountability. The case has raised concerns about corporate governance, conflict of interest, and potential misuse of political influence.

What’s Next in the Case?

With the Centre giving the go-ahead for the SFIO to proceed with the inquiry, Veena Vijayan and other accused are expected to be questioned in the coming weeks. This case is likely to have significant political ramifications ahead of the upcoming elections in the state.

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