‘Illegal funds greater than IT’s findings’: Kerala MLA indicts CM’s daughter of cash laundering
3 min readBy Express News Service
KOCHI: Raising recent allegations in opposition to Kerala CM Pinarayi Vijayan’s daughter Veena T, Congress MLA Mathew Kuzhalnadan on Tuesday mentioned that Kerala is witnessing ‘organised loot and institutionalised corruption’ underneath the Left authorities.
Addressing a information convention in Thodupuzha, Kuzhalnadan mentioned the quantity that Pinarayi’s daughter Veena acquired was a number of occasions greater than what has come out within the findings of Income Tax’s Interim Settlement Board.
As per the earnings tax division’s findings, Veena and her firm Exalogic Solutions have acquired Rs 1.72 crore from Cochin Minerals and Rutile Ltd. (CMRL).
“Can Veena and Exalogic Solutions prove that this was the only payment from CMRL? Also, CMRL is just one company. There could be several other companies making such payments to Veena,” the Muvattupuzha MLA alleged.
Kuzhalnadan mentioned the audit report of Exalogic Solutions says that it is an schooling software program firm. “What business does a mining company have to do with an education software company?” he requested.
He mentioned bribes are being paid by way of shell corporations to an individual’s checking account. “This is the modus operandi adopted here. Shell companies pay the money to a person’s account, who in turn pays the 18% GST to the government. Through this method, black money is laundered in a systematic manner,” Kuzhalnadan mentioned.
He mentioned he has Veena’s full checking account particulars however has avoided making them public resulting from “ethical and legal issues”.
“The people of Kerala will be shocked if they come to know the entire details of the money received by Veena. Is CPM ready to disclose the details?” requested Kuzhalnadan.
KOCHI: Raising recent allegations in opposition to Kerala CM Pinarayi Vijayan’s daughter Veena T, Congress MLA Mathew Kuzhalnadan on Tuesday mentioned that Kerala is witnessing ‘organised loot and institutionalised corruption’ underneath the Left authorities.
Addressing a information convention in Thodupuzha, Kuzhalnadan mentioned the quantity that Pinarayi’s daughter Veena acquired was a number of occasions greater than what has come out within the findings of Income Tax’s Interim Settlement Board.
As per the earnings tax division’s findings, Veena and her firm Exalogic Solutions have acquired Rs 1.72 crore from Cochin Minerals and Rutile Ltd. (CMRL).googletag.cmd.push(perform() googletag.show(‘div-gpt-ad-8052921-2’); );
“Can Veena and Exalogic Solutions prove that this was the only payment from CMRL? Also, CMRL is just one company. There could be several other companies making such payments to Veena,” the Muvattupuzha MLA alleged.
Kuzhalnadan mentioned the audit report of Exalogic Solutions says that it is an schooling software program firm. “What business does a mining company have to do with an education software company?” he requested.
He mentioned bribes are being paid by way of shell corporations to an individual’s checking account. “This is the modus operandi adopted here. Shell companies pay the money to a person’s account, who in turn pays the 18% GST to the government. Through this method, black money is laundered in a systematic manner,” Kuzhalnadan mentioned.
He mentioned he has Veena’s full checking account particulars however has avoided making them public resulting from “ethical and legal issues”.
“The people of Kerala will be shocked if they come to know the entire details of the money received by Veena. Is CPM ready to disclose the details?” requested Kuzhalnadan.
