ED raids underway in Keralam in CMRL pay-off case involving Pinarayi Vijayan’s daughter
The Enforcement Directorate is conducting raids in Kerala regarding alleged financial irregularities between Exalogic Solutions and Cochin Minerals and Rutile Limited. The investigation involves high-profile figures, including the daughter of former Chief Minister Pinarayi Vijayan.
Why it matters
This case represents a significant intersection of corporate fraud allegations and political accountability in Indian state governance.
The Enforcement Directorate (ED) is carrying out raids at eight locations in Kozhikode, Keralam, as part of the probe into the alleged financial transactions between Exalogic Solutions, a now-defunct firm owned by former Chief Minister Pinarayi Vijayan’s daughter T. Veena , and Cochin Minerals and Rutile Limited (CMRL), in the alleged pay-off case.
The raids are a follow-up to the search operations carried out on May 27, 2026 at Mr. Vijayan’s then rented house at Bakery Junction in Thiruvananthapuram, his ancestral home in Kannur, and the residence of former Public Works Minister and Ms. Veena’s husband P.A. Mohammed Riyas. The ED had frozen ₹18.36 crore in 242 accounts identified during those search operations.
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