Kerala Chief Minister Pinarayi Vijayan’s daughter Veena Vijayan’s daughter Veena Vijayan’s company, Minister PA Muhammad Riaz, did not respond to the central government’s investigation into Exalogic. LDF Convenor EP Jayarajan’s response was that when Riaz walked away without responding to the media’s questions related to the investigation, he was not aware of the central investigation. Investigation against Exalogic is unknown. EP Thiruvananthapuram responded that he can tell by looking.
At the same time, a three-member high-ranking team has been appointed for a detailed investigation. A final final report should be submitted within four months. The investigation is based on the findings of the Income Tax Board in the Masapadi controversy. An inquiry order was obtained. There is an investigation against CMRL, a brown sand company, and Industrial Development Corporation, a public sector body. According to the order, Exalogic has committed several violations of the law.
A detailed investigation was ordered after this became clear in the preliminary investigation conducted by the Registrar of Companies Bangalore. CMRL gave vague and evasive replies to the Registrar of Companies, Ernakulam. KSIDC was not even ready to reply. The order directed to investigate the entire transactions of the three institutions in detail.
