The Karnataka High Court on Friday dismissed Kerala chief minister’s daughter Veena Vijayan’s plea against SFIO probe in connection with monthly wage case.
Exalogic, a now-defunct IT company owned by Veena Vijayan, daughter of Kerala CM Pinarayi Vijayan, had appealed to the Karnataka High Court recently asserting that an investigation by the Serious Fraud Investigation Office (SFIO) into alleged illegal financial transactions between Exalogic and the mining company CMRL is unwarranted.
In the petition, Exalogic sought to annul the January 31 order issued by the Union of India, which instructed the SFIO to investigate the transactions between the company and the CMRL. Hearing the plea on February 12, the High Court had directed Veena Vijayan to cooperate with the investigation. The court also instructed SFIO not to take any drastic actions against Exalogic in this case until a verdict is pronounced.
According to CMRL's statement before the Income Tax Interim Board for Settlement, CMRL disclosed that it had disbursed Rs 1.72 crore to Exalogic Solutions Pvt Ltd, owned by T. Veena, daughter of the chief minister. Additionally, CMRL stated that it had made cash payments totalling over Rs 134.27 crore to politicians, bureaucrats, media, and police personnel in the five years preceding its submission to the IT interim settlement board.
