State to move legally against ED
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The authorities will move legally against the Enforcement Directorate’s (ED) probe into the Masala bonds of the Kerala Infrastructure Investment Fund Board (KIIFB) and the choice to summon KIIFB Chief Executive Officer (CEO) K.M. Abraham and Deputy Managing Director Vikramjit Singh for questioning.
“The KIIFB has officially informed the ED that the CEO and the Deputy Managing Director will not be able to appear before the officials in Kochi. We are not going to obey. Let’s see what will be done,” Dr. Isaac stated in a Facebook submit on Friday.
Bitter expertise
The ED crew had summoned a senior officer within the KIIFB to Kochi in reference to the Masala bond concern earlier than registering the case. Chief Minister Pinarayi Vijayan had talked about it within the press convention on Thursday. The bitter expertise the official confronted has made the KIIFB CEO to write to the Chief Secretary. The authorities is considering authorized measures.
Dr. Isaac stated the summons had been ready and leaked to the media earlier than being served on the 2 KIIFB officers to make political mileage. There was no readability on the questions. Nowhere, he stated, it had been clarified why the ED investigation was for.
The Finance Minister stated the Supreme Court had spelled out how to ship summons to seem as a part of investigation. Clear causes must be recorded to ship summons and this had been violated. The ED officers of the Kochi unit assume that the Supreme Court orders weren’t relevant to them.
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