ED singling out Kerala; foreign banks denying funds citing ED proceedings: KIIFB tells Kerala High Court

KIIFB told the Court about the ED probe has had an adverse impact on KIIFB's ability to raise funds, which in turn, has continued to affect Infrastructure projects across the State of Kerala.
Kerala HC, KIIFB
Kerala HC, KIIFB
Published on
3 min read

The Kerala Infrastructure Investment Fund Board (KIIFB) on Friday told the Kerala High Court that the probe by the Enforcement Directorate (ED) has had an adverse impact on the board's ability to raise funds which in turn, has continued to affect infrastructure projects across the State of Kerala [Kerala Infrastructure Investment Board (KIIFB) v Director, Directorate of Enforcement].

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com