ED Raids in Kerala: Former CM Vijayan’s Residence Targeted

The Enforcement Directorate carried out searches at multiple locations across Kerala, including the residence of former Chief Minister Pinarayi Vijayan, as part of an ongoing money laundering investigation. The raids were conducted at around ten locations statewide. Officials confirmed that the action is linked to alleged financial irregularities involving payments made by Cochin Minerals and Rutile Limited (CMRL) to Exalogic Solutions, a company owned by Vijayan’s daughter, T Veena.

According to findings by the Serious Fraud Investigation Office, Exalogic Solutions received ₹2.73 crore from CMRL without providing any IT services in return, despite having a formal agreement. The agency described the transactions as fraudulent, with allegations that ₹1.72 crore was transferred between 2017 and 2020. Following directions from the central government for a detailed probe, the ED registered a money laundering case against Veena. As part of the investigation, raids were also conducted at the residence of former minister Mohammed Riyas in Kozhikode, who is Veena’s husband.