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Enforcement Directorate to Probe Money Laundering in Kerala CMRL-Exalogic Fraud Case

Following a court order, the SFIO charge sheet implicating Veena Vijayan has been handed to the ED, which is preparing to investigate potential money laundering offenses.

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Photo: IANS
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Overview

  • The Ernakulam Additional Sessions Court directed the SFIO to provide its charge sheet in the CMRL-Exalogic fraud case to the Enforcement Directorate (ED) on April 15, 2025.
  • The charge sheet names Veena Vijayan, daughter of Kerala Chief Minister Pinarayi Vijayan, and others under sections of the Companies Act and the Prevention of Money Laundering Act.
  • The ED has received the charge sheet and is preparing to register a new Enforcement Case Information Report (ECIR) to investigate potential money laundering offenses.
  • Investigations revealed that Veena Vijayan and her defunct IT firm, Exalogic, allegedly received fraudulent payments of ₹2.7 crore from CMRL, purportedly for consultancy services.
  • The case highlights broader concerns about financial irregularities in Kerala’s public sector and raises political sensitivities due to the involvement of the Chief Minister’s daughter.