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Enforcement Directorate registers case against KIIFB for external borrowings through Masala Bonds without govt nod

Enforcement Directorate registers case against KIIFB for external borrowings through Masala Bonds without govt nod ANI | Updated: Mar 03, 2021 06:58 IST Kochi (Kerala) [India], March 3 (ANI): Enforcement Directorate has registered a case against Kerala Infrastructure Investment Fund Board (KIIFB) for external borrowings through Masala Bonds without the permission of the union government. According to sources, ED sent notices to KIIFB CEO KM Abraham and Deputy CEO asking to appear before it in connection with its probe next week. However, the exact date has not been mentioned in the notices. Notices have also been sent to the head of Axis Bank, which is the KIIFB s banking partner.

Answer questions on KIIFB, demands Surendran

Answer questions on KIIFB, demands Surendran Updated: Updated: Share Article BJP State president K. Surendran.   | Photo Credit: K. Ragesh Kerala Finance Minister Thomas Issac should answer the questions on Kerala Infrastructure Investment Fund Board raised by Union Finance Minister Nirmala Sitaraman than resorting to cheap political statements, said BJP State president K. Surendran. Speaking at a press conference held here on Monday, Mr. Surendran criticised Mr. Issac for his response to the statements made by the union minister at a public meeting held here on Sunday. Mr. Issac could not provide answers to the posers of the Comptroller and Auditor General on the legality and Constitutional validity of KIIFB, he said.

Kerala has become own country of fundamentalists under CPI-M rule says Finance Minister Nirmala Sitharaman - केरल सरकार सीतारमण ने बोला हमला- कहा- माकपा शासन में कट्टरपंथियों का अपना देश बन चुका है

Kerala has become own country of fundamentalists under CPI-M rule says Finance Minister Nirmala Sitharaman - केरल सरकार सीतारमण ने बोला हमला- कहा- माकपा शासन में कट्टरपंथियों का अपना देश बन चुका है
livehindustan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livehindustan.com Daily Mail and Mail on Sunday newspapers.

Cancer centre work being retendered

Cancer centre work being retendered Updated: Updated: Construction had been suspended with termination of contractor’s agreement Share Article AAA File photo of the construction of the Cochin Cancer Research Centre at Kalamassery.   | Photo Credit: THULASI KAKKAT Construction had been suspended with termination of contractor’s agreement Work on the beleaguered Cochin Cancer Research Centre (CCRC) at Kalamassery is being tendered again after the construction came to a halt recently with the termination of contractor’s agreement. Infrastructure Kerala Ltd (Inkel), which is implementing the project, floated a tender a few days ago for the remaining civil work and mechanical, plumbing and electrification work, at a cost of ₹152.54 crore and a contract period of 24 months.

Kerala s budget is a KIIFB budget, state is falling into a debt trap: FM Nirmala Sitharaman

Kerala s budget is a KIIFB budget, state is falling into a debt trap: FM Nirmala Sitharaman Financial experts are wondering how can the Kerala government come up with such a weak budget, she said. Share Via Email   |  A+A A- By Express News Service KOCHI: In a scathing attack on CPM and the Pinarayi Vijayan-led Government, Union Finance Minister Nirmala Sitharaman, on Sunday, questioned the Kerala Kerala Infrastructure Investment Fund Board (KIIFB) operations, which will lead the state into a debt trap. Addressing BJP workers at the reception given to the Vijaya Yatra led by BJP State president K Surendran at Tripunithura here, she said financial experts are wondering how can the Kerala government come up with such a weak budget.

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