Pinarayi Vijayan Denies Hawala Dealings In Money Laundering Probe
· India · Hindustan Times, Indian Express
Former Kerala Chief Minister Pinarayi Vijayan has denied allegations of hawala dealings involving himself and his family members. Addressing a press conference in Thrissur, Vijayan stated that his daughter, T Veena, has cooperated with the ongoing Enforcement Directorate money laundering investigation and will continue to do so. The probe centers on allegations that the mining company Cochin Minerals and Rutile Limited paid ₹2.78 crore to Veena's now-defunct firm, Exalogic Solutions Pvt Ltd, without receiving services. Vijayan criticized the Enforcement Directorate for issuing a press release naming him, calling it an unusual action. He also questioned the evidence behind media reports suggesting that funds were transferred to the account of his son-in-law, Mohammed Riyas.
Why it matters
The investigation into these financial transactions involves a prominent political figure and his family, potentially impacting the political climate in Kerala.
Read the original report — Hindustan Times
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.