Based on recommendations submitted by the Enforcement Directorate (ED) regarding the CMRL-Exalogic monthly payoff case, the state government has ordered an investigation against former Chief Minister and present Leader of the Opposition, Pinarayi Vijayan.

Along with Pinarayi, the investigation will also cover his daughter T Veena, owner of Exalogic Solutions, and former Public Works minister PA Mohammad Riyas, also Veena's husband. The decision has been taken to register an FIR and conduct a probe into the case.


Key events in CMRL-Exalogic case

  • January 2019: The Income Tax Department raids CMRL. Irregularities worth ₹133 crore are uncovered. It is also found that ₹1.72 crore was transferred to Exalogic Solutions Private Limited, owned by former Chief Minister Pinarayi Vijayan's daughter T Veena, for services that were never rendered.
  • June 2023: The Interim Settlement Board of the Income Tax Department passes an order stating that CMRL paid ₹1.72 crore to T Veena's company, Exalogic, in monthly instalments over approximately three years. 
  • January 2024: The Serious Fraud Investigation Office (SFIO) launches a probe into the CMRL-Exalogic transactions on the directives of the Central Government.
  • March 2024: The ED registers a money laundering case following suspicions over financial transactions between CMRL and Exalogic based on findings.
  • April–May 2025: The SFIO submits its charge-sheet in court following an investigation based on the Income Tax Department’s findings. The probe reveals suspicious transactions worth ₹182 crore and money laundering carried out over 15 years, including ₹2.78 crore received by Exalogic from CMRL.
  • May 2026: The ED conducts raids, including at T Veena’s residence. Documents in Veena’s handwriting are seized indicating that ₹85 lakh was transferred to Dubai. CPM workers attack the ED team as they leave the premises.
  • August 2026: The ED conducts raids at the residences of individuals close to Mohammad Riyas and Veena, including the homes of CPM and DYFI leaders in Kozhikode.
  • September 2026: The Enforcement Directorate states that Pinarayi Vijayan accepted a bribe of ₹3.28 crore. The ED sends a letter to the State DGP requesting that a case be registered under the Prevention of Corruption Act against former Chief Minister Pinarayi Vijayan, former Minister Mohammad Riyas, T Veena and others.
  • September 22, 2026: The state government decides to register an FIR and launch an investigation against Pinarayi Vijayan, T Veena and PA Mohammad Riyas in the CMRL-Exalogic case.