They said she has been asked to depose on June 12 at the central agency’s zonal office here. Her statement will be recorded under the Prevention of Money Laundering Act (PMLA) once she appears, they said.
Read more: Court allows ED access to SFIO documents in CMRL-Exalogic money laundering case
It is understood that some other persons have been summoned by the agency too.
The investigation pertains to a money laundering case against a Kerala-based sand mining company named Cochin Minerals And Rutile Ltd (CMRL) and Veena’s now defunct company Exalogic Solutions Private Limited.
The ED raided Veena, living in the rented home of Vijayan in Thiruvananthapuram, last month along with some other locations.
The ED probe pertains to an allegation that CMRL made fraudulent payments worth Rs 2.78 crore to Exalogic Solutions under the guise of IT consultancy services.Another company named Empower India Capital Investment Private Limited (EICPL), operated by CMRL MD Sasidharan Kartha, also extended Rs 50 lakh worth of loans to Exalogic despite the company (Exalogic) failing to make timely repayments, according to the ED.
Read more: ED to intensify PMLA probe against CMRL, to summon Veena Vijayan
The agency claims the management of CMRL (led by Kartha) and Veena generated “proceeds of crime” in this process.
