Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
The smouldering of anger in Ladakh
access_time 29 March 2024 4:20 AM GMT
Democracy that banks on the electorate
access_time 28 March 2024 5:34 AM GMT
Lessons to learn from Moscow terror attack
access_time 27 March 2024 6:10 AM GMT
Gaza
access_time 26 March 2024 4:34 AM GMT
The poison is not in words, but inside
access_time 25 March 2024 5:42 AM GMT
DEEP READ
Schools breeding hatred
access_time 14 Sep 2023 10:37 AM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Ramadan: Its essence and lessons
access_time 13 March 2024 9:24 AM GMT
When ‘Jai Sree Ram’ becomes a death call
access_time 15 Feb 2024 9:54 AM GMT
exit_to_app
Homechevron_rightKeralachevron_rightKIIFB clean, has...

KIIFB clean, has nothing to hide: Thomas Issac

text_fields
bookmark_border
KIIFB clean, has nothing to hide: Thomas Issac
cancel

Thiruvananthapuram: Kerala Finance Minister Thomas Issac has defended the Kerala Infrastructure Investment Fund Board (KIIFB) and criticised the opposition for attempts to tarnish the financial institution's image.

Talking to the media here on Wednesday, Issac said Leader of Opposition Ramesh Chennithala had been levelling allegations against the government-run KIIFB. "I really don't know why he is up against me and the KIIFB," Issac said.

On the demand for KIIFB's audit by the Comptroller and Auditor General (CAG) of India, Issac said, there was nothing to hide at the financial institution and, "I will write to them, if that's needed."

On Tuesday, Chennithala had demanded a CBI probe into the KIIFB-funded Rs 4,572 crore Transgrid project of the Kerala State Electricity Board. Alleging violations in tendering rules, the Congress leader said works were awarded at 60-80 per cent higher cost and pre-qualification guidelines were changed to favour certain companies.

"The KIIFB cleared projects worth Rs 43,000 crore. Works on projects worth Rs 10,000 crore have started. In six months, Kerala will know what the KIIFB is capable of," Issac said.

The KIIFB-funded projects were being implemented in Chennithala's constituency too. "We have nothing to hide and we are ready for any audit," Issac said.

Show Full Article
News Summary - KIIFB clean, has nothing to hide: Thomas Issac
Next Story