Tuesday, 13 Oct 2026 Breaking: Bihar boat accident: PM Modi announces Rs 2 lakh ex-gratia for kin of deceased, Rs 50,000 for injured
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
National

"Done nothing wrong": CPI(M) MLA Muhammad Riyas claims innocence as Keralam govt orders inquiry in CMRL alleged money laundering case

"Done nothing wrong": CPI(M) MLA Muhammad Riyas claims innocence as Keralam govt orders inquiry in CMRL alleged money laundering case

Thiruvananthapuram (Keralam) [India], September 22 (ANI): CPI(M) MLA PA Muhammad Riyas on Tuesday refuted allegations of wrongdoing in the Cochin Minerals and Rutile Limited (CMRL) alleged pay-off case, asserting that he has nothing to be afraid of.
This comes shortly after Keralam Home Minister Ramesh Chennithala said that the State government would conduct an enquiry on the Hawala allegations by the Enforcement Directorate (ED) against Leader of Opposition in Keralam (LoP) Pinarayi Vijayan, his daughter T Veena and Riyas, husband of T Veena.
While addressing the media, Riyas said, "I only have the information I have seen on television regarding the government's decision to probe the CMRL pay-off case based on the ED report. I have not done anything wrong. I can move forward with confidence."
Further targeting the Congress-led UDF state government for acting on an ED report, the CPI(M) leader pointed out what he called political hypocrisy, recalling how opposition parties across India, including the Congress, have consistently condemned central investigative agencies.
"The party secretary will speak on political matters. Non-BJP political parties have strongly opposed ED investigations and the manner in which statements are recorded in various parts of India. The Congress has been at the forefront of this opposition," he said.
"Naturally, society will discuss the fact that the Congress-led state government has decided to proceed with an investigation based on the ED report," he added.
Riyaz alleged that fake news is circulating regarding the case, further emphasising that strict action will be taken against such false news reports after consulting with legal experts.
"A lot of fake news has also been circulated in connection with this. We will take legal action against all such reports. I have nothing to fear. Since I have not done anything wrong, I will move forward with confidence. The legal aspects of the case will be decided after consulting legal experts," he said.
The controversy arose after the Company of Veena, M/s Exalogic Solutions Private Limited (a one-person company), allegedly received fraudulent payments totalling Rs 2.78 crore from CMRL under the guise of IT Consultancy Services. Further M/s Empower India Capital Investment Private Limited (EICPL), operated by Sasidharan Kartha, Managing Director of CMRL, extended loans to Exalogic totalling Rs. 50 Lakh, despite Exalogic failing to make timely repayments, the ED said in a release.
The agency further claimed that the investigations done by the ED before showed that Proceeds of Crime were generated by the management of CMRL led by SN Sasidharan Kartha and bribes were paid to various persons. Veena is allegedly one of the recipients of money from CMRL without rendering any services. (ANI)

Tags

Related News

Bihar boat accident: PM Modi announces Rs 2 lakh ex-gratia for kin of deceased, Rs 50,000 for injured
National
Bihar boat accident: PM Modi announces Rs 2 lakh ex-gratia for kin of deceased, Rs 50,000 for injured

<p>New Delhi [India], October 14 (ANI): Prime Minister Narendra Modi on Tuesday expressed grief over the loss of life in...

"Blatant lies": Congress MP Bimol Akoijam slams JNU inquiry, alleges confidentiality breach amid sexual harassment allegations
National
"Blatant lies": Congress MP Bimol Akoijam slams JNU inquiry, alleges confidentiality breach amid sexual harassment allegations

<p>New Delhi [India], October 14 (ANI): Congress MP Angomcha Bimol Akoijam on Tuesday has strongly criticised the Jawaha...

Tejashwi Yadav condoles deaths in Bihar boat capsizing incident, says will visit Raghopur
National
Tejashwi Yadav condoles deaths in Bihar boat capsizing incident, says will visit Raghopur

<p>Patna (Bihar) [India], October 14 (ANI): Leader of Opposition in the Bihar Assembly and Raghopur MLA, Tejashwi Yadav,...

Bihar CM announces Rs 4 lakh ex-gratia for families of Vaishali boat accident victims; Chirag Paswan expresses condolences
National
Bihar CM announces Rs 4 lakh ex-gratia for families of Vaishali boat accident victims; Chirag Paswan expresses condolences

<p>Patna (Bihar) [India], October 14 (ANI): Bihar Chief Minister Samrat Choudhary on Tuesday expressed grief over the 11...

"Like British rule, we will drive out Gyanesh Kumar": Amarinder Raja Warring
National
"Like British rule, we will drive out Gyanesh Kumar": Amarinder Raja Warring

<p>New Delhi [India], October 13 (ANI): Congress MP Amarinder Singh Raja Warring on Tuesday targeted the BJP over the CE...

Introspect on poll results instead of dismissing BJP and PM Modi’s popularity: Amit Shah's jibe at Congress
National
Introspect on poll results instead of dismissing BJP and PM Modi’s popularity: Amit Shah's jibe at Congress

<p>New Delhi [India], October 13 (ANI): Union Home Minister Amit Shah on Tuesday launched a sharp attack on the Congress...