Court allows ED access to SFIO documents in CMRL-Exalogic money laundering case

ED approaches court seeking SFIO documents in CMRL money laundering case

ED probes ₹2.78 crore CMRL payments to Exalogic (Kerala CM's daughter's IT consultancy) without service delivery; ₹182 crore fictitious expenses over 15 years detected. Vendor-audit governance gaps on consulting contracts expose IT to supply-chain PMLA liability; procurement discipline requires forensic rigor to avoid prosecution risk.