ED summons KIIFB CEO, Dy MD in unauthorised external borrowing case

Mar 03, 2021

Kochi (Kerala) [India], March 3 : Enforcement Directorate (ED) on Wednesday sent a notice to KM Abraham, CEO of the Kerala Infrastructure Investment Fund Board (KIIFB), asking him to appear before its Kochi office on March 5.
ED also sent a notice to KIIFB's Deputy Managing Director Vikramjit Singh, asking him to appear before its Kochi office tomorrow, March 4.
Yesterday, ED registered a case against KIIFB for external borrowings through Masala Bonds without the permission of the union government.

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