KIIFB Masala Bond Probe: ED sends ₹466-cr FEMA notice to Kerala CM Vijayan and top aides

  • Posted on December 1, 2025
  • By Business News Today
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KIIFB Masala Bond Probe: ED sends ₹466-cr FEMA notice to Kerala CM Vijayan and top aides

The Enforcement Directorate has issued a Rs 466 crore show cause notice under FEMA to Kerala CM Pinarayi Vijayan, former finance minister Thomas Isaac, and ex-principal secretary K M Abraham. The notice pertains to the KIIFB Masala Bond case, investigating the end-use of funds raised and compliance with FEMA norms.
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