The Enforcement Directorate (ED) has issued a fresh summons to T. Veena, asking her to appear for questioning on June 29 in a money laundering case.
Veena was earlier questioned for over nine hours on June 17 at the ED office in Kochi in connection with a case involving mining company Cochin Minerals and Rutile Ltd and her now-defunct IT firm Exalogic Solutions Pvt Ltd.
On June 19, ED officials inspected Veena’s bank lockers in Thiruvananthapuram. According to a PTI report, the agency is seeking further questioning after analysing her earlier statement and evidence gathered during the investigation.
The ED is probing allegations that CMRL made payments amounting to ₹2.78 crore to Exalogic Solutions without receiving any services in return.
The case was registered under the Prevention of Money Laundering Act (PMLA) based on a prosecution complaint filed by the Serious Fraud Investigation Office (SFIO) before a court in Ernakulam in April 2025.
The agency has also claimed that another comapny, Empower India Capital Investments Private Limited, extended loans worth ₹50 lakh to Exalogic, despite the firm allegedly failing to repay them on time. The company is operated by CMRL Managing Director Sasidharan Kartha.
According to the ED, these transactions resulted in the generation of “proceeds of crime” involving Veena and CMRL management.
Earlier, on June 22, the ED questioned Kartha’s daughter, followed by the questioning of his son and wife on Tuesday in connection with the case.
On Friday, ED officials examined Veena’s bank locker at an HDFC Bank branch in Thiruvananthapuram in her presence.
Vijayan, a veteran CPI(M) leader, downplayed the developments, stating that the ED had already searched his rented accommodation and adding that there was no issue with examining his daughter’s bank locker.
“If they want to see it, let them. You (media) can go with your camera and see if anything big is found when the locker is opened,” he said.
