PMLA Case: ED Calls Kerala CM Pinarayi Vijayan’s Daughter for Questioning

The Enforcement Directorate (ED) has summoned Veena T , daughter of former Kerala Chief Minister Pinarayi Vijayan , for questioning on June 12 in connection with an ongoing money laundering investigation linked to Cochin Minerals and Rutile Ltd (CMRL) and her now-defunct company, Exalogic Solutions Private Limited .

According to officials, Veena has been asked to appear before the agency’s Kochi zonal office, where her statement will be recorded under the provisions of the Prevention of Money Laundering Act (PMLA). The agency has also reportedly summoned other individuals connected to the case.

The latest summons marks a significant development in the ED’s probe, which stems from allegations that CMRL made payments amounting to ₹2.78 crore to Exalogic Solutions under the guise of IT consultancy services. Investigators are examining whether the transactions were genuine business payments or constituted a mechanism for the diversion of funds.

The agency is also scrutinising a ₹50 lakh loan extended to Exalogic by Empower India Capital Investment Private Limited (EICPL), a company associated with CMRL Managing Director Sasidharan Kartha . According to the ED, the loan remained outstanding despite alleged repayment defaults by Exalogic.

Last month, the ED conducted searches at multiple locations, including the Thiruvananthapuram residence where Veena resides. The searches were part of a broader investigation into suspected financial irregularities involving CMRL and entities linked to its management.

The ED has alleged that transactions between CMRL, EICPL and Exalogic may have resulted in the generation of “ proceeds of crime ,” a key requirement for invoking provisions of the PMLA. The agency is seeking to determine whether the payments and loan arrangements were linked to any scheduled offence and whether they were used to conceal or launder illicit funds.

Neither Veena T nor representatives of Exalogic have publicly responded to the latest summons. The investigation remains ongoing, and no charges have been proven in court.