PoliticsPhoto: The HinduSudha Pillai Panel Finds LDF Overruled Finance Dept on KIIFB Guarantees
The Sudha Pillai-led expert committee report revealed that during the Left Democratic Front (LDF) rule, the Finance Department's decision to withhold guarantees for Kerala Infrastructure Investment Fund Board (KIIFB) borrowings across three fiscal years was overruled. The 96-page report, tabled in the Kerala Assembly, highlights serious violations of the State's Rules of Business and notes the Finance Department was kept unaware of key transactions affecting state finances.
The Hindu··Thiruvananthapuram




