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The Hindu·3 min read·medium

Pinarayi Vijayan rejects allegations linking him to Exalogic case

T
The Hindu Bureau
Pinarayi Vijayan rejects allegations linking him to Exalogic case
✦AI Summary

Pinarayi Vijayan has dismissed allegations linking him to the Exalogic Solutions financial case, labeling the reports as media-driven fabrications. He challenged the credibility of the Enforcement Directorate's claims and criticized media coverage regarding his party colleagues.

Why it matters

The case involves high-profile political figures and allegations of financial impropriety, which are central to ongoing political discourse in Kerala.

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Leader of the Opposition Pinarayi Vijayan on Saturday (July 25, 2026) dismissed the statement allegedly given by S.N. Sasidharan Kartha, founder and former managing director of Cochin Minerals and Rutile Ltd. (CMRL), to the Enforcement Directorate (ED) in connection with the Exalogic Solutions Pvt. Ltd.-CMRL financial transaction case, terming it a ‘media creation.’

An ED report claimed that during the questioning in connection with the investigation into allegations that CMRL paid ₹2.78 crore to Exalogic without receiving any services in return, Mr. Kartha admitted that the payments were made to Veena T. and her company because of her relationship with the then Chief Minister. Responding to a question on the ED report, Mr. Vijayan said many were waiting to see whether the Exalogic case could be linked to him.

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