Thiruvananthapuram: The Kerala assembly in its final session on Friday passed a resolution against CAG report on KIIFB despite the strong opposition from the opposition.
The resolution was moved by the Chief Minister in the Assembly. Talking about the move, he said: “The CAG report says that KIIFB’s borrowings are unconstitutional and the masala bonds floated by it was an encroachment into the Centre”.
Objecting the resolution, the opposition MLA’s said that this should be marked as the black day in the history of the democracy.
