KOCHI: The Enforcement Directorate (ED) is preparing for a detailed investigation focusing on the foreign monetary transactions of T. Veena, daughter of the Kerala Chief Minister, in the CMRL-Exalogic monthly payment case. The ED has found that approximately ₹85 lakh was transferred to Dubai. The agency will investigate the purpose behind this transfer. The ED also suspects whether Foreign Exchange Management Act (FEMA) regulations were violated through this transaction. Following the information gathered during raids in Kozhikode, further interrogations will commence next week. T. Veena will be summoned again for this purpose.
The ED has released the most crucial findings obtained so far in the monthly payment case. Based on handwritten notes in Veena’s diary, indications were received that a hawala transaction of ₹85 lakh to Dubai took place, and the ED found that transactions worth ₹20.5 lakh were executed directly.
Apart from financial transactions exceeding known sources of income, the ED stated in a press release that T. Veena used a SIM card registered in another person’s name for an internet router. The SIM card is registered in the name of Nandulal, the DTPC Destination Manager in Kozhikode. Veena has been using this SIM in Nandulal’s name since 2024. Nandulal testified that he took the SIM because Veena and her husband Muhammad Riyas requested it, but he does not know for what specific purpose it was obtained.
For more details: Navamalayalam.com