Kerala Chief Minister Pinarayi Vijayan on Wednesday wrote to the Election Commission of India, complaining that the Moral Code of Conduct ...
Kerala Chief Minister Pinarayi Vijayan on Wednesday wrote to the Election Commission of India, complaining that the Moral Code of Conduct in the state was being “torpedoed” by some Union ministers, reported The Times of India. He was referring to Union Finance Minister Nirmala Sitharaman.
Vijayan’s letter to the poll body came a day after the Enforcement Directorate summoned top officials of the Kerala Infrastructure Investment Fund Board, or KIIFB, the state government’s body for mobilising funds for infrastructure projects. Unidentified officials said on Tuesday that a case has been registered and notices sent to the KIIFB Chief Executive Officer KM Abraham and Deputy Managing Director Vikramjit Singh, according to The Indian Express.
The case relates to the KIIFB allegedly violating provisions of the Foreign Exchange Management Act. “The issue is related to FEMA [Foreign Exchange Management Act] violations in connection with KIIFB raising Rs 2,150 crore masala bonds listed on the London Stock Exchange,” a central agency official said. “Prima facie, there are violations of FEMA.”
In his letter, Vijayan held Sitharaman responsible for the developments in the case. “Summoning of KIIFB [Kerala Infrastructure Investment Fund Board] officials came close on the heels of her speech against the Kerala body-corporate in a recent poll rally in the state,” Vijayan said. “The prudent...
