Kochi: The Enforcement Directorate (ED) on Tuesday conducted fresh searches at multiple locations in Kerala as part of its money laundering investigation into the CMRL-Exalogic Solutions case, officials said.
The searches were carried out at eight locations across the state under the provisions of the Prevention of Money Laundering Act (PMLA).
The case involves allegations that Cochin Minerals and Rutile Ltd (CMRL) made fraudulent payments amounting to ₹2.78 crore to Exalogic Solutions, a now-defunct company owned by Veena Vijayan, daughter of former Kerala Chief Minister Pinarayi Vijayan.
According to the allegations being investigated by the agency, the payments were made under the guise of providing IT consultancy services.
Veena Vijayan had earlier been questioned by the ED in connection with the case. The latest searches are part of the agency’s ongoing probe into the alleged financial transactions and suspected money laundering linked to the CMRL case.
