CPI(M) dares UDF government in Keralam to investigate Cabinet Ministers named in CMRL ledger

Communist Party of India (Marxist) [CPI(M)] on Tuesday (September 22, 2026) dared the Congress-led United Democratic Front (UDF) government to investigate Cabinet Ministers allegedly named by acronyms in the “slush fund ledger” supposedly maintained by the Cochin Minerals and Rutile Ltd. (CMRL), a chemical company in which the Keralam government holds a minority stake.

CPI(M) State secretary M.V. Govindan told a press conference that the Income Tax department’s original case against the CMRL was that the publicly listed public limited company had incurred a loss of ₹152 crore from suspected pay-offs to a galaxy of politicians, including Cabinet Ministers in the current UDF dispensation.

Mr. Govindan said the IT department accusation was that the acronyms in the CMRL’s account books referred to the “current Chief Minister (V.D. Satheesan), Home Minister (Ramesh Chennithala) and Industries Minister (P.K. Kunhalikutty).”