The Directorate of Enforcement (ED) has claimed to have discovered “sure handwritten accounts maintained by T. Veena,” daughter of Chief of the Opposition Pinarayi Vijayan, pertaining to ₹85 lakh allegedly transferred to Dubai.
The notes contained the “names of individuals, quantities dealt with, spent” in addition to the quantity transferred to Dubai. The searches performed on the premises associated to Ms. Veena and the promoters of Cochin Minerals and Rutile Restricted (CMRL) on Could 27, 2026, yielded the paperwork, it mentioned.
The company, which alleged that Ms. Veena was one of many recipients of cash from the CRML with out rendering any providers, said that it had seized the handwritten accounts throughout the raid.
All of the individuals named within the handwritten accounts of Ms. Veena and the one that had offered the SIM card have been coated throughout the search, in line with a launch issued by the ED.
The digital gadgets seized from Ms. Veena had {a photograph} of a SIM card obtained within the title of one other individual to be used in a Wi-Fi router. It’s suspected that the SIM card and the Wi-Fi router have been obtained by her within the title of one other individual to make use of them for communications by Web-based calls.
The company claimed it had discovered proof associated to the switch of cash utilizing hawala channels.
The seizures made by the ED confirmed that Ms. Veena was dealing with quantities past her identified sources of earnings. The quantities said in her handwritten accounts have been over and above the quantity she acquired from the CMRL, the company claimed.
By the way, the Kochi zonal workplace of the ED had performed search operations on 9 premises in Kozhikode on August 18 beneath the Prevention of Cash Laundering Act, 2002, in reference to alleged company fraud and bribe paid by CMRL.
The company mentioned it launched the investigation following the findings of the Severe Fraud Investigation Workplace (SFIO) for company fraud and bribe funds. SFIO investigations had revealed that fictitious money bills of ₹182 crore had been made by the CMRL over a span of 15 years, which have been used for bribing numerous individuals, the ED mentioned.
One of many faux bills booked by the CMRL was in direction of the fee made to Ms. Veena. Exalogic Options Personal Restricted, the now defunct firm owned by her, had allegedly acquired fraudulent funds totalling ₹2.78 crore from the CMRL beneath the guise of IT consultancy providers. Additionally, Empower India Capital Funding Personal Restricted, operated by Sasidharan Kartha, MD of CMRL, prolonged loans to Exalogic totalling ₹50 Lakh, regardless of the agency failing to make well timed repayments, the SFIO had alleged.
KPCC president and Electrical energy Minister Sunny Joseph termed the ED’s declare of getting unearthed incriminating proof towards Ms. Veena as “extraordinarily severe.”
“Because the report comprises findings about financial transactions, the CPI(M)’s arguments concerning the case have confirmed to be baseless,” he mentioned, demanding a response from Mr. Vijayan and the CPI(M).
Revealed – August 19, 2026 10:02 pm IST
