Top suggestions for The SFIO interviewed Ms. VeeFnt(LDF) government in its vortex during the 2021 Assembly elections and the 2024 Lok Sabha polls, remained on the back burner during the 2026 Kerala Assembly elections, which saw the Congress-led United Democratic Front (UDF) government return to power with a historic mandate after a hiatus of 10 years. The politically fraught SFIO and later ED inquiries have their provenance in a 2023 finding of the Interim Board for Settlement (IBS) under the Central Board of Taxes. The IBS had blown the whistle when the CMRL moved the quasi-judicial forum to claim input tax credits for payments made to various persons across the political aisle and entities, including Exalogic Solutions Limited. The IBS raised suspicions that the payments, allegedly confined largely to account-book scribblings, were under-the-table backhanders for political favours, prompting SFIO and ED inquiries |
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