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The Hindu

National

K.C. Gopakumar

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

ED KIIFB FEMA TM Thomas Isaac

The Kerala High Court on Monday directed Enforcement Directorate (ED) to keep on hold for two months further summons issued to former Finance Minister Dr. T.M. Thomas Isaac and Dr. K.M. Abraham, Chief Executive officer, of Kerala Infrastructure Investment Fund Board (KIIFB) as part of the ED’s probe into the issue of Masala bonds by KIIFB.

Justice V.G. Arun passed the order on petitions filed by the former Finance Minister and the CEO of KIIFB challenging the summons issued to them.

Also read: Explained | What is KIIFB?

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