ED Raids Former Kerala Leader's Residence in Money Laundering Probe

The Enforcement Directorate raided the residence of former Kerala leader Pinarayi Vijayan and nine other locations in a money laundering probe involving illicit payments made to Exalogic Solutions by Cochin Minerals And Rutile Ltd.

The Enforcement Directorate intensified its investigation into the CMRL money laundering case by conducting searches at the home of Pinarayi Vijayan, the former head of Kerala, and nine other sites in the state.

Authorities are acting under the Prevention of Money Laundering Act (PMLA) amid allegations that Cochin Minerals And Rutile Ltd (CMRL) made an unauthorized payment of Rs 1.72 crore to T Veena's firm, Exalogic Solutions, between 2018 and 2019, despite no services being rendered. On Tuesday, the Kerala High Court rejected a petition from CMRL to halt the ED's investigation.