Kerala CM’s Daughter Veena Vijayan to Face Prosecution in ₹2.72 Crore Fraud Case

The SFIO chargesheet accuses Veena Vijayan and her defunct IT firm of fraudulent payments from CMRL, as political tensions escalate with calls for the Chief Minister’s resignation.

The Union Ministry of Corporate Affairs has approved prosecution against Veena Vijayan, daughter of Kerala Chief Minister Pinarayi Vijayan, based on an SFIO chargesheet alleging fraud.
Veena Vijayan and her company, Exalogic, are accused of receiving ₹2.72 crore from Cochin Minerals and Rutile Limited (CMRL) without providing any services.
The SFIO investigation also uncovered broader financial irregularities at CMRL, including the alleged diversion of ₹182 crore under false pretenses to politicians in Kerala.
Opposition parties, including Congress and BJP, have intensified demands for Chief Minister Vijayan’s resignation, citing moral responsibility for his daughter's alleged actions.
The CPI(M) has dismissed the allegations as politically motivated, emphasizing the lack of evidence implicating the Chief Minister and vowing to fight the case legally and politically.