"Utterly ridiculous:" CM Pinarayi Vijayan on ED show cause notice to him in KIIFB case

Kerala CM Pinarayi Vijayan dismissed the ED's show-cause notice over alleged FEMA violations in the KIIFB case as "utterly ridiculous," attributing it to approaching elections. He asserted that KIIFB projects adhered strictly to RBI guidelines for infrastructure development. BJP's Rajeev Chandrasekhar criticized the CM, alleging misuse of public funds and questioning foreign borrowings.

Kerala CM Pinarayi Vijayan dismissed the ED's show-cause notice over alleged FEMA violations in the KIIFB case as "utterly ridiculous," attributing it to approaching elections. He asserted that KIIFB projects adhered strictly to RBI guidelines for infrastructure development. BJP's Rajeev Chandrasekhar criticized the CM, alleging misuse of public funds and questioning foreign borrowings.