What’s Behind the ED Summons for Pinarayi Vijayan's Daughter? A Deep Dive into the Money Laundering Case

The Enforcement Directorate has summoned Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 regarding a money laundering investigation. This follows her request to postpone an earlier summons due to health issues. The case involves alleged fraudulent financial transactions between her IT firm and a sand mining company. The ED is probing claims of illicit payments and has previously raided her residence. The investigation has broader implications, linking CMRL to inflated expenses and illegal payments to various entities. Read on to uncover the full story behind these serious allegations.

By Narendra Chaudhary Jun 12, 2026, 13:12 IST

ED Summons Issued to Veena T

Kochi: The Enforcement Directorate (ED) has scheduled a new date for questioning Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, on June 17 in connection with a money laundering investigation, as confirmed by officials on Friday.

Veena had previously requested a postponement of her initial summons set for June 12, citing health concerns, according to sources.

The ED has now instructed her to appear at their zonal office in Kochi for questioning regarding her involvement in financial dealings linked to her now-defunct IT firm, Exalogic Solutions Pvt Ltd, and a Kerala-based sand mining company, Cochin Minerals and Rutile Ltd (CMRL).

Additionally, CMRL's managing director, Sasidharan Kartha, along with several other company officials, has also been summoned for questioning on various dates.

Recently, the ED conducted a raid at Veena's residence in Thiruvananthapuram, where she resides with her father.

The investigation centers around allegations that CMRL made fraudulent payments totaling Rs 2.78 crore to Exalogic Solutions under the pretense of providing IT consultancy services. Furthermore, another company, Empower India Capital Investment Private Limited, which is also managed by Kartha, reportedly lent Rs 50 lakh to Exalogic Solutions despite the latter's failure to repay on time.

Officials assert that both CMRL and Veena are believed to have generated 'proceeds of crime' through these transactions, and the agency aims to clarify the reasoning behind these financial activities.

The case under the Prevention of Money Laundering Act (PMLA) was initiated in March 2024 after the ED acted on a complaint from the Serious Fraud Investigation Office (SFIO), which subsequently filed a chargesheet in an Ernakulam court in April 2025.

CMRL has been under scrutiny from central investigative agencies since an Income Tax Department raid in January 2019 revealed alleged inflated expenses amounting to Rs 130 crore.

Court documents indicate that the company allegedly 'inflated' its expenses by Rs 133.82 crore by recording 'bogus' cash expenses categorized as 'transportation' and 'sludge handling' from the financial years 2012-13 to 2018-19, generating cash used for illegal payments to politicians, media outlets, and public officials.

According to court filings, CMRL's CFO and MD acknowledged to tax authorities that such cash transactions were necessary to maintain business operations amid threats of closure and environmental issues.

Officials noted that CMRL 'admitted' to these 'fake' expenses during proceedings with the Income Tax Settlement Commission.

Subsequently, a complaint was lodged with the SFIO, which claimed in its prosecution complaint that CMRL incurred fictitious cash expenses totaling Rs 182 crore over 15 years to 'bribe' various individuals, including Rs 91 crore paid for transport services to companies owned by the Kartha family.