ED Issues New Summons to Veena, Daughter of Former Kerala CM Pinarayi, in CMRL Pay-Off Investigation

The Enforcement Directorate (ED) has summoned an individual to appear for questioning on June 17 regarding transactions linked to her now-defunct information technology firm, Exalogic. The agency has requested that she bring relevant documents that pertain to these transactions during her appearance.

Exalogic, which has ceased operations, was involved in various IT projects and services prior to its closure. The EDs investigation is focused on scrutinizing financial transactions and any potential irregularities associated with the firms past operations. The agencys inquiry is part of a broader effort to address issues related to financial compliance and corporate accountability.

The outcome of the questioning may provide further clarity on the business dealings conducted by Exalogic and the role of its former executives. It remains essential for the agency to gather comprehensive information to evaluate the circumstances surrounding the firm’s dissolution and its financial activities.