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Where did Rs 23,000 crore go? Kerala CM challenges Opposition over KIIFB accounts
Published: 17/10/26 01:27
India
Thiruvananthapuram, Oct 17 (UNI) Kerala Chief Minister V.D. Satheesan has demanded answers from Leader of the Opposition Pinarayi Vijayan and former Finance Minister K.N. Balagopal over the apparent discrepancy between the Rs30,000 crore claimed to be held by the Kerala Infrastructure Investment Fund Board (KIIFB) and its recorded investments of Rs6,521 crore as of March 31, 2026. The Chief Minister questioned how the amount cited by former Finance Minister Thomas Isaac could differ so sharply from the figures available in KIIFB's audit records. He also pointed out that the infrastructure funding agency had outstanding debt liabilities of around Rs32,000 crore.…