#Dubious deal
The deliberate investment of ₹60 crore by the Kerala Government's Kerala Financial Corporation (KFC) in Anil Ambani's financially ailing companies in 2019, despite widespread awareness of their severe crises from 2015 to 2018, is a blatant misuse of public funds.
Former Finance Minister Thomas Isaac's role in facilitating this dubious deal, which ultimately led to a loss of ₹101 crore, raises serious questions about the integrity of the transaction. It appears to be a premeditated attempt to siphon off a massive commission in collusion with senior officials, rather than a mistake in investment judgment.
Such corrupt practices must be thoroughly investigated, and those responsible for looting the government exchequer must be held accountable without delay. Public trust cannot be betrayed in this manner, and justice demands swift action against this fraudulent conspiracy.
-K A Solaman
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