6 months ago
1
The Kerala High Court connected Thursday (December 18, 2025) stayed for 3 months each proceedings pertaining to the show-cause announcement the Enforcement Directorate (ED) had issued to Chief Minister Pinarayi Vijayan, erstwhile Finance Minister Thomas Isaac and the CEO of KIIFB K.M. Abraham connected the usage of funds mobilised by the committee done masala bonds for infrastructure projects successful the State.
The enactment bid came connected a associated petition they had filed challenging the show-cause announcement the ED issued a period agone successful transportation with the masala bonds issue. The announcement was issued to the Chief Minister successful his presumption arsenic the president of KIIFB.
The tribunal observed that each proceedings against the KIIFB connected the substance had been stayed. The aforesaid applied to the Chief Minister and the others.
The substance has been posted for proceeding successful January.
