CM Pinarayi Vijayan slams ED move against KIIFB

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Pinarayi Vijayan | Photo: Mathrubhumi

Thiruvananthapuram: Chief Minister Pinarayi Vijayan publicly criticised the Enforcement Directorate's (ED) move against Kerala Infrastructure Investment Fund Board (KIIFB). He said that KIIFB utilises funds in different ways for the overall development of the state and that such initiatives cannot be blocked by crooked tricks. The CM's comments came while inaugurating the Government Industrial Training Institute in Dhanuvachapuram.

“The works of hill highway and coastal highway, our dream projects, are fastly progressing. KIIFB funds those projects as well. Those standing in the way of development belong in the dumpster,” he said.

Former finance minister of Kerala, Dr Thomas Issac, was summoned by the Enforcement Directorate (ED) for questioning over a Foreign Exchange Management Act (FEMA) violations case related to dealings of the Kerala Infrastructure Investment Fund Board (KIIFB). The CM's reaction comes amidst this.

The CM said that the government's plan for development is not just for the present generation.

"This generation will go away after a stipulated time. But the state will remain forever. Our responsibility is to hand over the state to the next generation in a better manner. We need to provide better educational infrastructure for all the students. Here, we strive to provide international-level education to all students in the state," he said.

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