Tag: kiifb

Kerala HC directs ED to keep on hold the summons issued to Thomas Isaac and KIIFB CEO

Kerala HC directs ED to keep on hold the summons issued to Thomas Isaac and KIIFB CEO

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The court pointed out that although the inquiry/investigation by the ED was not liable to be interdicted, there was no justification for summons being repeatedly issued by the ED officials The court pointed out that although the inquiry/investigation by the ED was not liable to be interdicted, there was no justification for summons being repeatedly issued by the ED […]

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Smart City terminates contract with IPE Global, KIIFB to take over

Smart City terminates contract with IPE Global, KIIFB to take over

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The company was not prompt in providing regular updates on the progress of the various projects The company was not prompt in providing regular updates on the progress of the various projects Even as Smart City Thiruvananthapuram Limited (SCTL) has decided to prematurely terminate the contract for project management consultancy with IPE Global Limited, the […]

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Kerala High Court adjourns hearing; Enforcement Directorate counsel says former Minister Thomas Isaac need not appear till August 17

Kerala High Court adjourns hearing; Enforcement Directorate counsel says former Minister Thomas Isaac need not appear till August 17

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When the case was taken up for hearing, Kerala High Court asked the counsel for ED why Thomas Isaac had been asked to produce certain personal details at the preliminary stage of the inquiry. When the case was taken up for hearing, Kerala High Court asked the counsel for ED why Thomas Isaac had been asked to produce certain […]

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Exclude borrowings by state government entities when fixing net borrowing ceiling: Kerala Finance Minister K. N. Balagopal

Exclude borrowings by state government entities when fixing net borrowing ceiling: Kerala Finance Minister K. N. Balagopal

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In a letter to Union Finance Minister Nirmala Sitharaman, Mr. Balagopal also emphasised that the Centre rarely imposes any such limits on its own borrowings In a letter to Union Finance Minister Nirmala Sitharaman, Mr. Balagopal also emphasised that the Centre rarely imposes any such limits on its own borrowings Reiterating Kerala’s stand on ‘off-budget’ […]

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Smart City terminates contract with IPE Global, KIIFB to take over

ED issues notice to former Kerala Minister Thomas Isaac, he denies receiving it

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To gather info on financial transactions related to Kerala Infrastructure Investment Fund Board KIIFB To gather info on financial transactions related to Kerala Infrastructure Investment Fund Board The Enforcement Directorate (ED) is understood to have served a notice on the former Finance Minister T.M. Thomas Isaac to appear before it on Tuesday. The notice was […]

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Andhakarathodu renovation project hits a dead end

Andhakarathodu renovation project hits a dead end

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‘Contractor’s failure to deploy men and machinery led to delay in completion of work’ ‘Contractor’s failure to deploy men and machinery led to delay in completion of work’ The fate of a ₹10-crore project to rejuvenate the historic 2.15-km-long Andhakarathodu in Thripunithura and to build walkways on either side is in doldrums, even as the […]

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