Published Jun 17, 2026 | 12:42 PM ⚊ Updated Jun 17, 2026 | 12:42 PM
Veena with her husband and former minister Muhammed Riyas.
Synopsis: The Enforcement Directorate questioned T Veena, daughter of former Kerala Chief Minister Pinarayi Vijayan, in connection with the case involving financial transactions between CMRL and Exalogic Solutions.
The Enforcement Directorate (ED) on Wednesday, 17 July, began questioning T Veena, daughter of former Kerala Chief Minister Pinarayi Vijayan, in connection with the case involving financial transactions between Cochin Minerals and Rutile Limited (CMRL) and Exalogic Solutions.
Veena, managing director of Exalogic Solutions, appeared at the ED’s Kochi office around 10.30 am on Wednesday.
She was accompanied by her husband and MLA PA Mohammed Riyas, who later left the premises. The ED had initially summoned her on 12 June, but the appearance was postponed after she cited health issues.
The agency is expected to conduct a detailed examination of payments amounting to ₹2.78 crore allegedly received by Exalogic Solutions from CMRL. Investigators are likely to seek explanations and supporting documents regarding the nature of services allegedly provided in return for the payments.
The ED is also expected to question Veena about a ₹50 lakh loan allegedly received from a sister concern of the company.
Also Read: Kerala High Court allows ED to continue probe into CMRL-Exalogic financial transactions
The questioning comes a day after the ED examined CMRL Joint Managing Director Sharan S Kartha and company director Jaya S Kartha, who reportedly submitted financial transaction records sought by investigators.
The ED’s probe is based on allegations that Exalogic received payments without rendering corresponding services, an issue that investigators are examining under provisions of the Prevention of Money Laundering Act (PMLA).
Officials are expected to confront Veena with documents, statements and financial records collected during the course of the investigation and decide on the next course of action based on her responses.
The probe is proceeding alongside investigations by the Serious Fraud Investigation Office (SFIO), which has also examined the financial dealings between CMRL and Exalogic.
The Kerala High Court had earlier allowed the ED investigation to proceed, dismissing CMRL’s appeal against a single-bench order. The court also clarified that the ED can initiate investigations under the PMLA without requiring an FIR or complaint from another agency.
(With inputs from Dileep V Kumar.)
