Published May 26, 2026 | 2:58 PM ⚊ Updated May 26, 2026 | 2:58 PM
Kerala High Court. (iStock)
Synopsis: The ED probe stems from allegations that CMRL made questionable payments to Veena Thaikandiyil (Veena Vijayan), daughter of former Kerala Chief Minister Pinarayi Vijayan, and her firm, Exalogic Solutions Pvt. Ltd., besides other alleged illegal financial transactions involving public servants. The agency is investigating whether the transactions were linked to bribery and money laundering offences.
In a setback to Cochin Minerals and Rutile Limited (CMRL), the Kerala High Court on Tuesday, 26 May, dismissed a petition filed by senior company officials seeking to quash Enforcement Directorate (ED) proceedings in the controversial case linked to payments made to the daughter of former Chief Minister Pinarayi Vijayan.
The ED proceedings linked to allegations of bribery and money laundering.
Justice TR Ravi pronounced the verdict, rejecting the challenge against the Enforcement Case Information Report (ECIR) registered by the ED.
A detailed copy of the judgment is yet to be released.
Soon after the verdict, counsel for CMRL sought a two-week extension of the interim protection that had shielded company officials from appearing before the ED. The court, however, declined the request.
The petition had been filed by CMRL Managing Director S.N. Sasidharan Kartha, Chief Financial Officer K.S. Suresh Kumar, Senior Manager N.C. Chandrashekharan and Senior Officer Anju Rachael Kuruvila.
They had sought to halt the ED investigation and stay further proceedings, including summons issued to company representatives.
The ED probe stems from allegations that CMRL made questionable payments to Veena Thaikandiyil (Veena Vijayan), daughter of former Kerala Chief Minister Pinarayi Vijayan, and her firm, Exalogic Solutions Pvt. Ltd., besides other alleged illegal financial transactions involving public servants.
The agency is investigating whether the transactions were linked to bribery and money laundering offences.
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