Thiruvananthapuram: The Serious Fraud Investigation Office (SFIO) intensified the investigation against Kerala CM Pinarayi Vijayan’s daughter Veena Vijayan’s company, Exalogic Solutions, regarding the monthly payment case.
SFIO examined the data collected from Cochin Minerals and Rutile Limited (CMRL) and the Kerala State Industrial Development Corporation (KSIDC). After two days of inspection at CMRL, the SFIO conducted an inspection at KSIDC yesterday.
It is also indicated that the investigation team will soon conduct an inspection at Veena Vijayan’s company, Exalogic Solutions.
However, KSIDC had filed a petition in the Kerala High Court seeking a stay on the SFIO investigation. But, yesterday, the High Court declined to stay the SFIO’s investigation.
Sources report that the SFIO has sought more information from the Income Tax Department regarding Exalogic Solutions – CMRL monthly payment case.
It is reported that the SFIO has found some discrepancies in the income tax returns filed by CMRL. To gain clarity on this, the investigation team has requested more documents from the Income Tax Department.
