Masala Bonds: ED asks former Kerala minister Thomas Isaac to appear on Jan 22

ED Summons Ex-Minister Isaac for FEMA Violations Probe over KIIFB Masala Bonds
Former Kerala Finance minister TM Thomas Isaac.
Former Kerala Finance minister TM Thomas Isaac.B P Deepu

KOCHI : Former minister Thomas Isaac was issued a fresh notice by the Enforcement Directorate (ED) to appear for interrogation on January 22 as part of a probe into the Foreign Exchange Management Act (FEMA) violations in raising Masala Bonds by Kerala Infrastructure Investment Fund Board (KIIFB).

Isaac is the vice-chairman of KIIFB. He is yet to respond to the notice.

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